THE BUSINESS OF INTERNATIONAL TRADE
The Trade Remedies Authority has published its final recommendation to the Secretary of State for International Trade on the future of the UK’s steel safeguard measure.
The independent body has recommended the extension of the UK steel safeguard measure across 10 product categories for a further three years, and the revocation of the measure across nine product categories.
Pursuant to the relevant regulations, Liz Truss will now decide whether to accept the TRA’s recommendation or to reject it.
The TRA published a statement of intended preliminary decision (SIPD) on 19 May, giving producers, importers, exporters, other interested parties, and contributors who provided information during the review process, the opportunity to comment on its initial findings. The recommendation to the Secretary of State takes into account the 44 submissions that it received.
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