The Aluminium Federation welcomes the removal of US section 232 tariffs on exports of aluminium to the United States.

Yesterday International Trade Secretary Anne-Marie Trevelyan secured a resolution with the US to end the ongoing issue around aluminium and steel tariffs.

Following two months of talks, the Trade Secretary met with Commerce Secretary Raimondo in Washington DC yesterday and the US announced an expansive removal of section 232 tariffs*, re-opening tariff free access for UK aluminium and steel exporters to the US.

The announcement is good news for the aluminium and steel sectors, which support the jobs of over 80,000 people across the UK. The changes will take effect on 1 June 2022.

In response the UK will suspend rebalancing measures on US products including whiskey, blue jeans and motorcycles.

Today’s announcement will benefit businesses on both sides of the Atlantic and clears the way for us to focus on the next steps for the UK-US trade relationship.

Read more: Removal of US section 232 tariffs on export of aluminium to the United States.

 

Related Posts

Minister Hands: Chatham House Global Trade Conference 2022 speech

Page summary: Minister Hands delivers a speech on the future of global trade and the pivotal role the United Kingdom can play in helping to shape it. Change made: First...
Read More

Government action to supercharge competitiveness in key British industries and grow economy

Further points and clarification how this will benefit the aluminium industry: The Government today announced measures to support Britain’s strategic Energy Intensive Industries (EII) from high electricity prices from 2024...
Read More

Financial sanctions, Russia

The Russia (Sanctions) (EU Exit) Regulations 2019 ensure sanctions relating to Russia are implemented effectively after the UK leaves the EU. Change made: Updated with ‘Latest HM Treasury Notice, Russia,...
Read More