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Trump’s 10% tariff on most UK goods ‘here to stay’, says Lord Mandelson

  • Lord Mandelson suggests that the 10% tariffs on most UK goods imported into the US are likely to remain in place.
  • Negotiations may be possible in certain sectors like technology despite the universal tariff.
  • There is confusion regarding the tariffs on British steel imports, with the possibility of maintaining the 25% tariff or increasing it to 50%.
  • EU trade ministers are set to meet to discuss potential retaliatory measures in response to US tariffs, while Trump's second state visit to the UK is expected to occur in September.

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