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US-UK trade deal squeezes China supply chains

Diplomats say pact’s provisions on strategic sectors is template for Washington
Under the US-UK deal, British exports of steel and aluminium would now be zero-rated for tariffs

The UK has accepted strict US security “requirements” for the steel and pharmaceutical industries in its trade pact with Donald Trump, in what diplomats see as a template for Washington to push other partners to exclude China from strategic supply chains.

Thursday’s deal offered tariff relief to both industries, but only on the condition that Britain “work to promptly meet US requirements” on their supply chain security and the “ownership of relevant production facilities”.

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