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ADS responds to US steel tariffs announcement

Posted 1 June 2018 · Add Comment

The UK trade body representing the aerospace, defence, security and space sectors, ADS, has responded to the United States' introduction of steel and aluminium import tariffs.


Copyright gopixa / Shutterstock

The US Commerce Secretary Wilbur Ross confirmed yesterday that the US would impose steel and aluminium tariffs on the European Union (EU), Canada and Mexico from midnight last night.

The EU is expected to impose tariffs of its own on the US in response.

Responding to the announcement, ADS Chief Executive Paul Everitt (right) said: “Tariffs harm global trade, restrict healthy competition and drive up costs for consumers.

"The UK Government must use all its influence to encourage both US and EU authorities to step back from the introduction of harmful tariff barriers, and should work with UK businesses to minimise the impact of any new tariffs.

“Aerospace is a global industry where tariff-free trade has helped manufacturers to deliver safe, efficient and increasingly clean, technologically advanced aircraft. It is important for the continued growth of the sector around the world that this should continue.”

 

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