The United Kingdom has noted the announced partial removal of US Section 232 tariffs on steel and aluminium, and full removal of Section 232 tariffs on derivative articles. While this is a step in the right direction, the UK continues to consider these tariffs incompatible with World Trade Organization rules. Steel from any UK steel production facility will be admitted into the United States at the in-quota rate under the applicable tariff rate quota for UK steel, until such time as that quota is exhausted, provided it is melted and poured in the UK and imported into the United States from the UK or the EU. Further to the US partial removal of Section 232 tariffs on UK exports, the UK will suspend the additional tariffs imposed on US goods in response to the Section 232 action. The UK will keep the suspension under review in light of new developments, for instance developments that could deteriorate the situation for UK exports subject to the US Section 232 steel and aluminium measures.UK’s International Trade Secretary Ms Anne-Marie Trevelyan said “Today’s announcement is good news for our steel and aluminium industries who have been unfairly hit by these tariffs, and the 80,000 people employed across the sector. It means our manufacturers can now enjoy a high level of tariff-free access to the US market once again.”UK Steel’s Director General Mr Gareth Stace said “This deal is the culmination of months of dedicated work from Anne-Marie Trevelyan and her department, removing long-standing export barriers and opening up access to the important and high-value US steel market. The benefits of this deal will be felt by steel companies and their employee’s right across the UK and is immensely welcome.”British Steel’s Chief Commercial & Procurement Officer Mr Allan Bell said “British Steel has a long-standing history of supplying quality steel into the US, and we welcome this agreement and the opportunities it will bring. We’ll work with UK Government to provide any necessary information and look forward to further strengthening relations with our US customers to deliver the products they require.”Given the joint desire of the United States and the United Kingdom to address non-market excess capacity so as to preserve their critical steel and aluminum industries, the United States and the UK will implement the following arrangementa. Customs Cooperation: Both sides agree to expand US UK coordination involving customs matters. The United States and the UK will also share publicly available information and best practices, as appropriate, on topics including how detection of fraud, evasion and circumvention of duties is approachedb. Trade Remedy Cooperation: The United States and the UK agree to share publicly available information on trade remedies and best practices, including on possible self-initiation of trade enforcement actions.c. Monitoring: The United States and the UK will monitor steel and aluminum trade between them.d. Cooperation on Non-Market Excess Capacity and Carbon Intensity: Both countries recognize that these actions alone are insufficient to address the global market distortions caused by carbon intensive non-market excess capacity. The UK and the United States will confer on non-market excess capacity and on the situation in global steel and aluminum markets, including market trends and price differences between markets, domestic industry’s conditions, and analysis on import and export data, including as to third-country markets. e. Review: The United States and the UK agree to review the operation of this arrangement, and ongoing cooperation, on an annual basis, including in light of changes in the global steel and aluminum markets, US demand, and imports.
The United Kingdom has noted the announced partial removal of US Section 232 tariffs on steel and aluminium, and full removal of Section 232 tariffs on derivative articles. While this is a step in the right direction, the UK continues to consider these tariffs incompatible with World Trade Organization rules. Steel from any UK steel production facility will be admitted into the United States at the in-quota rate under the applicable tariff rate quota for UK steel, until such time as that quota is exhausted, provided it is melted and poured in the UK and imported into the United States from the UK or the EU. Further to the US partial removal of Section 232 tariffs on UK exports, the UK will suspend the additional tariffs imposed on US goods in response to the Section 232 action. The UK will keep the suspension under review in light of new developments, for instance developments that could deteriorate the situation for UK exports subject to the US Section 232 steel and aluminium measures.UK’s International Trade Secretary Ms Anne-Marie Trevelyan said “Today’s announcement is good news for our steel and aluminium industries who have been unfairly hit by these tariffs, and the 80,000 people employed across the sector. It means our manufacturers can now enjoy a high level of tariff-free access to the US market once again.”UK Steel’s Director General Mr Gareth Stace said “This deal is the culmination of months of dedicated work from Anne-Marie Trevelyan and her department, removing long-standing export barriers and opening up access to the important and high-value US steel market. The benefits of this deal will be felt by steel companies and their employee’s right across the UK and is immensely welcome.”British Steel’s Chief Commercial & Procurement Officer Mr Allan Bell said “British Steel has a long-standing history of supplying quality steel into the US, and we welcome this agreement and the opportunities it will bring. We’ll work with UK Government to provide any necessary information and look forward to further strengthening relations with our US customers to deliver the products they require.”Given the joint desire of the United States and the United Kingdom to address non-market excess capacity so as to preserve their critical steel and aluminum industries, the United States and the UK will implement the following arrangementa. Customs Cooperation: Both sides agree to expand US UK coordination involving customs matters. The United States and the UK will also share publicly available information and best practices, as appropriate, on topics including how detection of fraud, evasion and circumvention of duties is approachedb. Trade Remedy Cooperation: The United States and the UK agree to share publicly available information on trade remedies and best practices, including on possible self-initiation of trade enforcement actions.c. Monitoring: The United States and the UK will monitor steel and aluminum trade between them.d. Cooperation on Non-Market Excess Capacity and Carbon Intensity: Both countries recognize that these actions alone are insufficient to address the global market distortions caused by carbon intensive non-market excess capacity. The UK and the United States will confer on non-market excess capacity and on the situation in global steel and aluminum markets, including market trends and price differences between markets, domestic industry’s conditions, and analysis on import and export data, including as to third-country markets. e. Review: The United States and the UK agree to review the operation of this arrangement, and ongoing cooperation, on an annual basis, including in light of changes in the global steel and aluminum markets, US demand, and imports.
