- The UK announced a new steel trade measure on 19 March 2026, starting 1 July 2026, covering steel products also made in the UK.
- Tariff-free steel import quotas will be cut by 60% compared with the current safeguard measure.
- Imports above the quota will face a 50% tariff, based on the goods’ price before other import duties.
- The policy responds to a more than 50% fall in UK crude steel production over the past decade and is part of a broader plan to rebuild the domestic steel sector.
Source: rpclegal.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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