Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day.
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The UK said it would extend tariffs on steel imports to mid-2024 to protect Britain’s domestic industry, despite concerns that the move could conflict with World Trade Organization rules.
Removing tariffs at this time could cause “serious injury to UK steel producers,” International Trade Secretary Anne-Marie Trevelyan told the House of Commons on Wednesday.