United States Tariffs: Steel and Aluminium Debate
Full Debate: Read Full DebateDepartment: Department for International Trade
Nick Thomas-Symonds
Main Page: Nick Thomas-Symonds (Labour - Torfaen)Department Debates - View all Nick Thomas-Symonds's debates with the Department for International Trade
United States Tariffs: Steel and Aluminium
Nick Thomas-Symonds ExcerptsMonday 12th March 2018
(6 years, 9 months ago)
Commons ChamberRead Full debate Financial Guidance and Claims Act 2018 View all Financial Guidance and Claims Act 2018 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Consideration of Bill Amendments as at 12 March 2018 - (12 Mar 2018)
Dr Fox
My hon. Friend makes an important point. The exports from Skinningrove to Caterpillar make up about 25% of the site’s output and he is right to say that US producers have poor capability in regard to this product. The application of tariffs is therefore likely to result in a rise in input costs, which would be to no one’s economic benefit.
Nick Thomas-Symonds (Torfaen) (Lab)
We all hope that these tariffs will not be imposed on 23 March, but if they are, what steps will the Government commit to taking in order to support steelmaking in this country and our steelmaking communities?
Dr Fox
That date, 23 March, is not quite the deadline that it might appear. My initial discussions with the US Department of Commerce and the Office of the United States Trade Representative have made it clear that the period of exemption will continue some way beyond the initial introduction. Clearly, if there are going to be exemptions for the EU or the UK, we would want to see them introduced as early as possible. We will continue to push for exemption on the basis that I have set out today.