• US, UK to announce intent to launch formal talks to resolve trade dispute over steel, aluminum tariffs – Reuters

Market news

19 January 2022

US, UK to announce intent to launch formal talks to resolve trade dispute over steel, aluminum tariffs – Reuters

The US and UK trade teams are expected to announce intent on Wednesday to launch formal talks to resolve trade disputes over steel and aluminium tariffs, Reuters reports, citing a source familiar with plans.

US Commerce Secretary Gina Raimondo and UK Trade Secretary Anne-Marie Trevelyan will meet Wednesday to discuss the same, the source added.

Market reaction

GBP/USD catches a fresh bid on the above headlines and recaptures 1.3600, currently trading at 1.3604, up 0.07% on the day.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.