United Kingdom

Boris Johnson imposes steel tariffs to regain the Red Wall

In other developments:

  • Mr Johnson says he is making plans for three terms on Downing Street, which means he will remain prime minister until the mid-2030s.
  • A survey shows that voters are turning to the government and the Bank of England for the cost of living crisis, with almost one in three saying that excessive public spending is “significantly” to blame for high inflation.
  • Writing in The Telegraph, Damien Green, the influential leader of the One Nation Conservative group, warned that the government was becoming “ineffective” in supporting the “daily life” of voters and called on the cabinet to “[show] leadership qualities”.
  • In another article for The Telegraph, David Davis, a former Brexit secretary, attacked Mr Johnson for claiming that the only policy change required by his critics was to re-join the EU’s single market. “The biggest difference in policy is that we want our government to stop talking about tax cuts and actually provide them,” he wrote.
  • Theresa Kofi, Minister of Labor and Pensions, used an interview to announce that claimants would have to work longer to be exempted from visits to work centers in the face of repression developed by Mr Sunak. .

Steel products fall into 19 categories, all of which were protected from anti-dumping safeguards until last summer to avoid cheap competitors. Last year, the Trade Protection Authority (TRA) recommended the abolition of these safeguards for nine products.

After a battle with Kwasi Kwarteng, the security secretary in favor of the precautionary measures, Ms Truss, who was then trade secretary, decided to waive protection for only four categories that are not mass-produced in the UK.

Now that these protections are due to expire this week, the TRA has informed Anne-Marie Trevelyan, Mrs Truss’s successor, that there is “evidence to support the conclusion that the extension of the safeguard measure, where possible, at the level of a separate product category necessary to prevent or remedy a serious injury or threat of serious injury to UK producers’.

The TRA also informed Ms Trevelyan that India, Tunisia, Vietnam and Turkey had exceeded the import quota for developing countries, which meant that they also had to be subject to tariffs already applied to other countries, for some steel categories. Sources said Brazil and South Korea would also be affected.

Ms Trevelyan’s “proposed approach” is set out in a government document which reads: “The Secretary of State has taken into account the TRA’s findings and has concluded that maintaining the TRQ [tariff rate quotas] is necessary to repair a serious injury. The Secretary of State also acknowledged that adjustments to certain TRQs were needed to better reflect trade flows.