Source · Select Committees · Business and Trade Committee
Recommendation 11
11
Accepted
No detailed agreement reached on steel and aluminium tariff-reducing quota, causing sector uncertainty.
Conclusion
While the General Terms of the Economic Prosperity Deal outline an intention to establish a tariff-reducing quota for UK steel and aluminium exports, no detailed agreement has yet been reached. Key issues remain unresolved including the size of the quota, which products will qualify and the conditions attached. This continued uncertainty is affecting planning and investment decisions in the sector. (Conclusion, Paragraph 73)
Government response summary AI-generated
The government addresses the uncertainty by stating the UK will maintain a preferential 25% tariff rate on steel and aluminium exports to the US. It also details several other actions taken to support the steel industry, including new trade measures and funding.
Government Response
The government responded to this report on 28 November 2025. No passage in that response could be matched to this conclusion. Read the response document ↗