UK trade secretary Jonathan Reynolds is set to discuss a steel tariff exemption with US representative Jamieson Greer. The article critiques the disproportionate focus on steel's significance, despite its minimal contribution to the UK economy compared to sectors like universities and creative industries. The author expresses concern over the potential concessions on digital taxes that may arise during negotiations, highlighting a broader issue of how public discourse prioritizes certain industries over others, underscoring the need for a more equitable valuation of all sectors.
The UK is prioritizing its 'special relationship' with the US over its economic interests in discussions about tariffs on steel, while ignoring larger contributors to the economy.
Public discussion around industry support heavily favors steel despite its minimal economic contribution, sidelining essential sectors like universities and creative industries.
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