Simon Jack: Tariff relief for UK but new clock ticking on US deal

UK granted tariff relief from doubling of US steel tariffs, easing tensions for trade officials amid looming uncertainty. While the exemption is a positive development, a deadline of July 9 is set for finalizing the deal, after which tariffs could jump to 50%. Concerns arise about potential impact on UK markets and compliance with agreement terms, signaling complexities in international trade negotiations. Business and government are urged to navigate these challenges swiftly to mitigate disruptions and safeguard industries from unintended consequences.