US Steel Import Tariffs

Lord Dodds of Duncairn Excerpts

Thursday 13th February 2025 Lords Chamber

[Baroness Gustafsson (Lab)]

I thank the noble Baroness for her question. I agree that the UK steel industry is something that we hugely value and look to support in any way that we are able. To that end, we have a steel strategy being published this spring which will outline how we intend to make the industry as sustainable as possible. A steel council is already in existence, and I can confirm that it includes representatives from the union. The Secretary of State for the Department for Business and Trade is in a regular and open dialogue with the industry, and we will consider all the tools in our toolkit to make sure that we are able to support the industry. I note as well that £2.5 billion of investment has been set aside to support the UK steel industry.

[Lord Dodds of Duncairn (DUP)]

What assessment has the Minister made about the impact on Northern Ireland of EU tariffs in retaliation, given that we in Northern Ireland under the Windsor Framework would be subject to the EU regime in that regard? Has the Minister spoken with the Northern Ireland Executive about the damage that would be done as a result for Northern Ireland?

[Baroness Gustafsson (Lab)]

I thank the noble Lord for the question. Again, it is very difficult to comment on the specifics of what the tariffs will look like when we are at a point when there are few facts and a lot more conversation and speculation. Northern Ireland is a part of the United Kingdom customs territory and internal market. For goods moving into Northern Ireland that do not subsequently enter the EU, the duty reimbursement scheme enables traders to reclaim or remit applicable EU duties in full. However, the implications for Northern Ireland of the substance of any arrangements will be a key aspect of the considerations and the ongoing consultation with our partners, both within the UK and within the steel sector at large.