Britain says EU is removing tariffs on steel under quota

FILE PHOTO: Workers work at the British Steel site in Scunthorpe, Lincolnshire, Britain April 17, 2025. Danny Lawson/Pool via REUTERS/File Photo

LONDON (Reuters) -Britain said the European Union will remove tariffs on key steel products under a quota system from Friday as part of a reset of ties and a recent deal to ease trade barriers.

In May, Britain agreed the most significant reset of defence and trade ties with the European Union since Brexit, which included a "bespoke arrangement" to protect UK steel exports from new EU rules and tariffs.