Bradley Thomas MP has warned that new steel tariffs could 'decimate industry' and lead to job losses.
The MP for Bromsgrove and the Villages said the Government's new steel tariff and quota regime could push businesses over a 'cliff edge' and has urged the Government to reconsider ahead of its introduction.
The plans, which will take effect from July 1, 2026, will cut duty-free steel import quotas by 60 percent and double tariffs to 50 percent on imports that exceed those limits.
Mr Thomas said: "The Government’s new steel tariff and quota regime, due to come in in a few weeks, means that many businesses face a cliff edge, causing job losses across the country.
"I’ve met with the Business Secretary on behalf of local steel-focussed businesses to raise their concerns and to urge the Government to re-think this spectacular policy failure that will decimate industry."
MP Thomas has met recently with local steel-focussed companies to discuss their concerns.
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