Final Thoughts

When nations eye their trade policy these days, are they only seeing tariffs? It might seem that way, especially after reading a presidential executive order or five over the last year. Is the condition spreading?

SMU’s Kristen DiLandro reported on the UK being on the verge of a quota reduction on steel and an increase in steel tariffs on imports. On Thursday, it was widely reported that this had gone through. A story in the Independent said the UK government will, from July, reduce tariff-free quota levels for steel imports by 60% vs. current arrangements. And it will double import taxes on steel entering the UK above these levels, from 25% to 50%.

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

Ethan Bernard

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