Trade moves: Starmer holds a press conference in London. The British government is looking at how to accelerate the replacement of its own steel safeguards and tighten import quotas. — AFP
LONDON: The United Kingdom is drawing up countermeasures against the European Union’s proposed steel tariff increase in the event that Prime Minister Keir Starmer cannot secure a deal to blunt their impact.
Britain is mulling retaliatory actions after its domestic metals industry warned that European plans could precipitate the biggest crisis in its history, according to sources.
