Joshua Reynolds
Main Page: Joshua Reynolds (Liberal Democrat - Maidenhead)Department Debates - View all Joshua Reynolds's debates with the Department for Business and Trade
Steel Tariffs
Joshua Reynolds Excerpts(1 month, 2 weeks ago)
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Chris McDonald
There are issues with category 1, and I am looking at that. As I mentioned before, the uncertainty is unfortunate, but my hon. Friend will understand why it is there. I am aware that some businesses have been told by their stock holders that all their steels will be subject to a tariff, but that is not always the case. I can be generous and say that stock holders are perhaps also suffering some uncertainty and want to protect their own businesses, but I ask them to look very carefully at the codes. If they need some help with that, my officials stand ready to support them.
Mr Joshua Reynolds (Maidenhead) (LD)
Firms such as Hewland Engineering in Maidenhead face a 50% tariff on their specialist steel, but there is no approved British supplier to make the grades they need. That is not a steel strategy, but a tax on British manufacturing. I know the Minister understands their concerns, so will he go further and exempt categories for which there is no realistic British manufacturing or supply?