All 1 Kemi Badenoch contributions to the Financial Guidance and Claims Act 2018

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Mon 12th Mar 2018

United States Tariffs: Steel and Aluminium Debate

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Department: Department for International Trade

United States Tariffs: Steel and Aluminium

Kemi Badenoch Excerpts
Report stage: House of Commons
Monday 12th March 2018

(6 years, 1 month ago)

Commons Chamber
Read Full debate Financial Guidance and Claims Act 2018 Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Consideration of Bill Amendments as at 12 March 2018 - (12 Mar 2018)
Liam Fox Portrait Dr Fox
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As I have said, the whole aim of policy at present in the UK, the European Union and beyond is to try to temper these proposals and to get exemptions so that we do not feel any of the impetus that might lead to an escalation of the current position.

Kemi Badenoch Portrait Mrs Kemi Badenoch (Saffron Walden) (Con)
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As tariffs go, 25% is particularly high and could lead to all sorts of unforeseen consequences. Is there any evidence that there will be trade diversion to the UK as a result of the US imposition of 25% tariffs?

Liam Fox Portrait Dr Fox
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It is quite difficult to know in advance where there might be diversion. Again I make the point that our aim is not to deal with the consequences but to prevent the imposition of the proposed tariffs in the first place.