Statement on US tariffs on steel and aluminium

12 March 2018

International Trade Secretary Liam Fox made a statement in the House of Commons on the US imposition of tariffs on steel and aluminium.

Liam Fox stressed the UK and the US are strong partners and allies, and the US-UK economic and security relationship is crucial. He also asserted that "there is undoubtedly a problem of overcapacity in the global steel market, but our strong view is that a global problem requires a global solution, not unilateral action".

Shadow International Trade Secretary Barry Gardiner responded to the statement, telling MPs, "the Secretary of State is fond of painting international trade as a balance of consumer and producer interests. The fear of thousands of steel and aluminium workers in the UK is that he naturally leans too far in favour of lower prices for the consumer".

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