https://newsletter.en.creamermedia.com
Steel|Products
Steel|Products
steel|products

Britain extends steel tariffs, breaching WTO rules

29th June 2022

By: Reuters

  

Font size: - +

Britain on Wednesday extended a package of tariffs and quotas on five steel products by two years to protect local steelmakers, in a move that will breach international trade rules.

Trade minister Anne-Marie Trevelyan told parliament the safeguards would help defend a strategic industry and that British steel producers could face "serious injury" were the measures not maintained.

Britain's decision comes as the world's fifth-biggest economy charts its own trade policy since leaving the European Union in a strategy that has also included talks with a host of countries for bilateral free trade agreements.

"The decision ... departs from our international legal obligations under the relevant WTO agreement," Trevelyan added, referring to the World Trade Organisation.

"However, from time to time, issues may arise where the national interest requires action to be taken."

Trevelyan described herself as a champion of free trade but said the current circumstances warranted the extension of safeguards.

Britain is ready to take up any concerns raised by WTO members following its decision, Trevelyan added. 

Edited by Reuters

Comments

Latest Multimedia

Photo of Martin Creamer
On-The-Air (05/09/2025)
5th September 2025 By: Martin Creamer

Showroom

Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 05 September 2025
Magazine round up | 05 September 2025
5th September 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.49 0.728s - 166pq - 2rq
Subscribe Now