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Iron and Steel: Import Duties

Asked by Dame Harriett BaldwinConservativeDepartment for Business and TradeTabled Answered 2 July 2026UIN 13482

The question

To ask the Secretary of State for Business and Trade, what estimate his Department made of the expected revenue from steel tariffs in the first year of operation; how that revenue will be accounted for; and whether it will be reinvested in (a) the steel s

Answered by Chris Bryant

The central purpose of the trade measure is not to raise tariff revenue, so we have not made any such estimate.

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