Key facts
- British and EU negotiators are in a race to resolve a steel trade dispute.
- The urgency is driven by new protectionist measures scheduled to begin on July 1.
British and EU negotiators are engaged in urgent discussions to prevent a significant rupture in their post-Brexit steel trade relationship. The critical deadline is July 1, when new protectionist trade regulations are slated to be implemented. The ongoing negotiations aim to find a resolution before these measures come into force, which could escalate trade tensions between the two blocs.