Sunday, October 31, 2021

UK response to US statement on steel and aluminium

The Department for International Trade welcomes the US Administration's commitment to consult closely on bilateral and multilateral trade issues.



Following a statement issued today by the US Department of Commerce, a Department for International Trade spokesperson said:

We welcome the Biden Administration’s willingness to work with us to address trade issues relating to steel and aluminium, and it is encouraging that the US is taking steps to de-escalate this issue.

The International Trade Secretary recently held positive discussions with US Trade Representative Katherine Tai in London. The UK is committed to addressing both global steel overcapacity and decarbonisation, and we remain focused on agreeing a resolution that sees damaging tariffs removed to the benefit of businesses on both sides of the Atlantic.

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