UK may target more emerging nations with steel quotas, the Sunday Telegraph reports

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UK may target more emerging nations with steel quotas, the Sunday Telegraph reports
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British Prime Minister Boris Johnson is seeking tighter quotas for steel imports from emerging economies to protect domestic producers, a move which could breach international trade rules, the Sunday Telegraph newspaper reported.

"The Prime Minister is preparing to hit several developing countries with new 'safeguard' import limits designed to protect UK manufacturers from a 'flood of cheap steel' from overseas," the newspaper said, without citing sources.

Some senior government figures opposed the wider plans, partly because of fears of retaliatory action on British exports such as whisky and potential damage to Britain's broader reputation, the newspaper said. Johnson's office referred questions about the report to Britain's trade ministry, which said no final decision had been made, and indicated that it would seek to balance international obligations with Britain's national interest.

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