The U.K. government has started a six week review of retaliatory measures against U.S. section 232 steel and aluminum tariffs. The government is aiming to ensure that a new set of duties are “tailored to the needs of the UK economy and shaped to defend industries across the UK, including steel and aluminium manufacturers”. That may refocus tariffs on metals rather than consumer goods such as beverages and motorcycles and comes against the backdrop of U.K. attempts to secure a trade deal with the U.S. The United States represented just 7.2% of U.K. ferrous and non-ferrous m...