Duty on imports outside new quota will double in move echoed by similar changes in EU limits
The UK government will halve the amount of tariff-free steel imports allowed in an attempt to counter a global oversupply of cheap Chinese metal and boost its beleaguered local industry.
New “safeguards” will be introduced on 1 July and will coincide with similar new limits being introduced by the EU for the same purposes.
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This article was originally published by The Guardian and written by Lisa O’Carroll and Jasper Jolly.
Read original article on The Guardian