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UK Extends Steel Tariffs on China for Two More Years to Protect Domestic Industry_我的网站

A | “Since the energy crisis started, Mexico has used 72 percent of its crude oil exports to the United States,” Obrador said. “While we’re waiting for prices or gasoline to go down in the United States, we have decided that it was necessary for us to allow Americans who live close to the border… to go and get their gasoline on the Mexican side at lower prices.”,Obrador made the remarks before his bilateral meeting with US President Joe Biden at the White House.,Global Economy Will Plunge Into Long Recession in Coming Years, Prominent Investor Warns07:03 GMT,Over the past months, the United States has been experiencing accelerating inflation, which the Biden administration has dubbed "Putin's price hike" and blamed on many additional factors.,However, the majority of Americans see inflation as a result of the Biden administration policies and consider it the top problem, given the increasing energy, food and other prices cutting deep into consumer's spending power.。 Tariffs on steel imports from China and other countries are to be extended for another two years, British Trade Minister Anne-Marie Trevelyan said, noting that the government was acting in the "public interest" to protect "thousands" of jobs in the country.,"The government wishes to make it clear to parliament that the decision to extend the safeguards [tariffs] on the five product categories departs from our international legal obligations under the relevant WTO agreement... However, from time to time, issues may arise where the national interest requires action to be taken, which may be in tension with normal rules and procedures," she said.,The industry trade body UK Steel backed the tariffs, as well as the opposition: Nick Thomas-Symonds, the shadow international trade secretary, said the decision would be a "welcome relief," protecting the manufacturers from the cheap imports.,The decision was announced after earlier this month, reports emerged suggesting that Prime Minister Boris Johnson plans to introduce new "safeguard" import limits in order to protect British manufacturers from a "flood of cheap steel". According to the press, it is a part of PM's attempt to boost popularity of the conservatives in industrialized "red wall" areas of Britain; the Tories previously suffered a major blow during local elections in May, losing multiple seats to the Labour party.,He also said the tariffs would be in line with UK law but might be challenged within the WTO as violating the nation's obligations.。
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