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UK Extends Steel Tariffs to 2024 to Protect Domestic Market

  • Trade Secretary extends safeguard measures on 5 products
  • UK says national interest justifies departure from WTO rules
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The UK said it would extend tariffs on imports of certain steel products to mid-2024 to protect Britain’s domestic industry, despite concerns the move would conflict with World Trade Organization rules.

Removing the tariffs -- which had been due to expire on June 30 -- could cause “serious injury to UK steel producers,” International Trade Secretary Anne-Marie Trevelyan told the House of Commons on Wednesday. Ukrainian steel will not be subject to the additional quotas, she said.