Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential impact of the end of the US tariff rate quota on UK steel and aluminium exports from 12 March 2025 on (a) economic growth and (b) levels of exports in quarter (i) one and (ii) two of 2025.

My Department continues to engage closely with the industries affected by the US’ termination of its tariff rate quotas on steel and aluminium and to assess the potential impact on UK exports. We are resolute in our support for the UK steel and aluminium industry, which is vital to the UK economy. We have committed up to £2.5 billion to rebuild the steel sector. Our upcoming Steel Strategy will be published in the Spring. We will continue to make the case for a UK exemption to these tariffs.