New steel import tariffs must be addressed by ministers, Chamber tells MPs
East Midlands Chamber has called on the region’s MPs to lobby ministers to take action against imminent changes to steel import tariffs, that the Chamber says could add significant cost and ‘run into millions’ for some importers. From 1st July, tariff-free exemptions on imported steel are set to be reduced by 51% - revised from a level of 60% previously proposed in March - with any imported goods that exceed the quota charged a 50% tariff on the value. The […]
