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Metals firms threaten to sue government over tariffs on Asian steel
August 19, 2025
|The Guardian
Manufacturers have threatened legal action against the government over tariffs on raw steel imports from Asia, which they blame for a "tsunami" of problems for the industry.
The business secretary, Jonathan Reynolds, recently 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.
In a letter to Reynolds, a group of manufacturers who use raw steel to make products threatened to sue after the cut took effect last month, leaving shipments already paid for liable to a 25% tariff. Reynolds is expected to respond this week, after asking for more time to do so.
هذه القصة من طبعة August 19, 2025 من The Guardian.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Guardian
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