United States Tariffs: Steel and Aluminium Debate

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Department: Department for International Trade
Liam Fox Portrait Dr Fox
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As I have said, the whole aim of policy at present in the UK, the European Union and beyond is to try to temper these proposals and to get exemptions so that we do not feel any of the impetus that might lead to an escalation of the current position.

Kemi Badenoch Portrait Mrs Kemi Badenoch (Saffron Walden) (Con)
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As tariffs go, 25% is particularly high and could lead to all sorts of unforeseen consequences. Is there any evidence that there will be trade diversion to the UK as a result of the US imposition of 25% tariffs?

Liam Fox Portrait Dr Fox
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It is quite difficult to know in advance where there might be diversion. Again I make the point that our aim is not to deal with the consequences but to prevent the imposition of the proposed tariffs in the first place.