UK to Reconsider Steel Tariff Plan Following Industry Group Warnings
Government Plans and Industry Response
Background of the Steel Tariff Regime
LONDON, June 10 (Reuters) - Britain is drawing up plans to modify a steel tariff regime, including expanding exemptions to more categories of steel, after industry groups warned the measures could impose heavy costs on their businesses, Sky News reported on Wednesday.
Proposed Changes and Industry Consultations
The report said the Department for Business and Trade would be holding talks with industry groups this week on proposals that would exclude a greater number of steel products from the restrictions unveiled in March.
Official Response
The Department for Business and Trade did not immediately respond to a request for comment.
Reporting Credits
(Reporting by Muvija M, writing by Sam Tabahriti, editing by William James)