Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment he has made of the impact of a reduction of steel import quotas and increase in above-quota import tariffs on the domestic automotive industry.
The measure has been designed to strike a careful balance between supporting domestic steelmaking and maintaining secure, reliable supply for downstream users.
Quotas have been designed with the aim of allowing for sufficient imports to ensure continued availability of goods to UK downstream users, including the automotive sector, without unnecessary additional costs. The increased tariff will apply only once import quotas have been filled.