US-UK trade deal imposes conditions on ownership of British steel plants

The US trade deal targeting British steel plants aims to safeguard jobs in car manufacturing and steel by imposing tariffs that require conditions tied to ownership, ensuring control over key facilities to prevent misuse. The UK government reassured businesses of stability but highlighted risks if Chinese owners regain control. Industries are cautiously optimistic about job preservation despite unclear terms, with ongoing efforts to finalize the agreement’s specifics.