UK poised to ease steel tariffs as manufacturers warn of costs
Key takeaways
- Ministers hope to finalise details of a reprieve for certain industries.
- Prefer the Guardian on Google Ministers are expected to drop some planned tariffs on foreign steel after UK manufacturers warned the measures would significantly increase their costs.
- Representatives of the Department for Business and Trade are meeting leaders of steel trading business groups on Wednesday and Thursday with a view to finalising details of a reprieve for certain industries.
Why this matters: a developing story that could shape the day's news cycle.
Ministers hope to finalise details of a reprieve for certain industries. Photograph: Murdo Mac Leod/The Guardian View image in fullscreen Ministers hope to finalise details of a reprieve for certain industries. Photograph: Murdo Mac Leod/The Guardian Steel industry UK poised to ease steel tariffs as manufacturers warn of costs Exemptions being considered after March announcement of measures to support domestic steel production
Prefer the Guardian on Google Ministers are expected to drop some planned tariffs on foreign steel after UK manufacturers warned the measures would significantly increase their costs.
Representatives of the Department for Business and Trade are meeting leaders of steel trading business groups on Wednesday and Thursday with a view to finalising details of a reprieve for certain industries.