Tata Steel’s in the news over US tariffs and UK steel ambitions. Founded in 1907, it’s India’s biggest steelmaker and part of the Tata Group.
The UK government announced a new steel strategy, increasing domestic production targets to 50%, reducing import quotas by 60%, and raising tariffs to 50%. The plan aims to support the struggling sector, protect jobs, and enhance national security, with up to a32.5 billion in funding and a shift to electric arc furnaces.
On April 2, 2026, President Trump signed executive orders imposing up to 100% tariffs on foreign-made patented pharmaceuticals that do not meet pricing or US manufacturing conditions. Companies with pricing deals and US production face zero tariffs; others face escalating tariffs over four years. The orders also revise tariffs on steel, aluminum, and copper products to be based on full US market value.