UK expected to reduce amount of steel it allows in tariff-free

Change being considered amid global glut driven by supplies from China along with a rise in protectionism The UK is expected to reduce the amount of foreign steel it allows in tariff-free, as the government looks to protect its domestic industry amid a global glut and a rise in...

<p>Change being considered amid global glut driven by supplies from China along with a rise in protectionism </p><p>The UK is expected to reduce the amount of foreign steel it allows in tariff-free, as the government looks to protect its domestic industry amid a global glut and a rise in protectionism.</p><p>Ministers are considering changing the quota system that allows a quantity of the metal to be imported before imposing a 25% levy on anything above that level.</p> <a href="https://www.theguardian.com/business/2026/jan/24/uk-expected-reduce-steel-allows-tariff-free-glut-china">Continue reading...</a>
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