B

Baroness Lloyd of Effra (Lab)

Speaking in the House of Lords on 23 March 2026

Debate

UK Steel Strategy

Contribution

Like many countries, we have applied tariffs to counteract the damaging effects of global overcapacity. Our action is not unique; the US, Canada and the EU all apply similar measures to tackle overcapacity. As I mentioned, it has followed engagement and we are looking at transitional measures to ensure that those contracts that have already been put into place can be taken forward. We will also review the measure after 12 months to ensure that it remains effective.

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