Iron and Steel: Import Duties

Summary

To ask the Secretary of State for Business and Trade, what estimate his Department made of the expected revenue from steel tariffs in the first year of operation; how that revenue will be accounted for; and whether it will be reinvested in (a) the steel s

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Timeline

1. 26 June 2026

   Written question

   To ask the Secretary of State for Business and Trade, what estimate his Department made of the expected revenue from steel tariffs in the first year of operation; how that revenue will be accounted for; and whether it will be reinvested in (a) the steel s

   Source: Commons

2. 2 July 2026

   Answer

   The central purpose of the trade measure is not to raise tariff revenue, so we have not made any such estimate.

   Source: Written answer

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• · Department for Business and Trade · Answering body

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