UK Unveils Ambitious $2.5 Billion Steel Initiative Amidst Trump's Tariff Threat

In a bold move to fortify its steel industry, the United Kingdom has launched a substantial investment plan worth £2 billion (approximately $2.5 billion) aimed at rejuvenating the sector, which has faced persistent challenges in recent years. This significant initiative comes in response to a looming threat from former President Donald Trump regarding the potential reintroduction of tariffs on imported steel, a situation that has spurred the UK government into action.

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