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UK Steel Exports

Volume 712: debated on Thursday 21 April 2022

Since 2018, the US Government have imposed tariffs of up to 25% for steel coming into the US. Last month I was pleased to reach a resolution with the US Government, and the tariff-free volumes that we have secured on steel and aluminium will mean that UK steel and aluminium exports to the US can return to levels not seen since before section 232 tariffs were imposed. The deal will deliver for our steel and aluminium industries across the country, and for the 80,000 UK jobs supported by the sector.

I am glad that it took only four years. May I, as the trade rapporteur for the Council of Europe, turn the Secretary of State’s attention to EU carbon border taxes? Does she agree that they will help boost UK exports to countries that export steel manufactured products to the EU? Will she also pursue a UK carbon border tax so that Chinese dirty steel, which has twice the carbon footprint of British steel, does not undercut our steel, and work in harmony with the EU so that we can help protect our jobs and exports and, indeed, the planet?

The Treasury is looking closely at all those questions. Indeed, they are also the subject of discussions that I have had in some detail with my counterparts in the US and other nations. Thanks to the leadership that the UK offered at COP26, the question of how we manage these global questions is now right at the centre of all discussions. The EU is putting forward proposals, and I will continue to work with the Treasury as we think about how the UK wants to fit with that. If the hon. Gentleman wants more detail and information, I refer him to the Treasury.