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UK metals firms threaten to sue government over tariffs on steel imports from Asia

Companies send letter to business secretary complaining new rules were imposed with 24 hours’ noticeBusiness live – latest updatesUK metals companies have threatened to take legal action against the government over tariffs on raw steel imports from Asia which they claim have caused a “tsunami” of problems for the industry.Earlier this summer, the business secretary, Jonathan Reynolds, reduced the amount of raw steel from Vietnam and South Korea that can be imported tariff-free in a move designed to protect UK raw steel makers, which face competition from cheap imports. Continue reading...


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