Iron and Steel: Import Duties
The question
To ask the Secretary of State for Business and Trade, what recent discussions he has had with his US counterpart on reducing remaining tariffs on British-produced steel.
Answered by Chris Bryant
Thanks to the strength of the UK-US partnership, the UK remains the only country to benefit from a preferential 25% tariff on steel and aluminium exports to the US, avoiding the global rate of 50%. The UK is therefore uniquely positioned as the only country to have secured this commitment, giving our companies a 25% competitive advantage over global competitors.
We continue to work closely with our US counterparts to reduce tariffs further and secure the best possible outcomes for UK manufacturers.
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