(6 years, 5 months ago)
Commons ChamberThe EU’s measures are designed to be proportionate and legal so that we can make the case that we have responded to what we believe to be legally dubious moves in a properly legal way, through the rules-based system. That is the appropriate way to go. I do not believe that the EU tariffs are escalatory, and it would be hugely unfortunate if further moves in that direction were made by either the United States or Europe.
In 2002, similar retaliatory action was organised by the EU and had quite a profound effect on getting the US to drop the tariffs. Does the Secretary of State therefore wholeheartedly support the action that the EU is taking, and also the route through the World Trade Organisation?
The potential countermeasures that the European Commission is setting out fall into two groups in their timing, and it is entirely possible that all or a smaller number of those measures could be put in place. I hope that the flexibility that is being shown in both the timing and the scope of their application lets the United States understand that the European Union is keen to have an agreement. It is keen not to rush into countermeasures, but to give the American Administration time to have second thoughts, which I think would be beneficial to all.
(6 years, 8 months ago)
Commons ChamberI take every opportunity to do so. It is worth remembering that we have in the United States a number of those who very strongly agree with us, not least inside the American business lobby, many of whom may be harmed as a result of the measures that may be undertaken. We also have very strong and vocal allies in the US Congress, and I very much welcome them making their voices known in recent days.
I would be very concerned if the Government were pinning all their hopes on an exemption either for the UK or for the European Union, because there will still be a substantial knock-on effect of further dumping on our shores by the countries that behave badly when they are shut out of the US. Has the Secretary of State done an impact assessment for the British steel industry on the knock-on effect of further global overcapacity as a result of these tariffs?
We are working alongside the industry to look at that. My colleagues in the Department for Business, Energy and Industrial Strategy are engaged in that work. The hon. Lady knows that Skinningrove is a very good example of what I was discussing earlier. It is one of the areas where we make specialist steel that goes into the US programme, so the concept that we should be taken to task on a national security basis for providing the US with something that it needs for its own security programme does not make much sense.