Britain is set to protect its steel sector. The government will reduce the tariff-free steel import quota by 60 percent. Imports above this new limit will face a 50 percent tariff. This move aims to boost domestic steel production to 50 percent. The governmen…
London: Britain will lower its tariff-free quota on imported steel and double the tariff on imports exceeding that quota, the government said on Thursday, launching a plan to protect its small but st… [+2177 chars]
