Faisal Islam
@faisalislam
Econ Editor, BBC. Fin crisis book @theDefaultLine .. Newsnight. Host award-winning 2016 EUref TV interviews & 2017 GE debate. United ST.
04-03-2009 18:36:20
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President Biden’s official White House proclamation lifting the “national security” 25% tariffs against, specifically, steel produced by current EU members (10% for aluminium), that came in to force on Saturday, whilst being left in place for now vs UK… whitehouse.gov/briefing-room/…
Faisal Islam David Henig 🇺🇦 @BBCChrisMorris Too late. The production shift won’t be reversed simply if the tariffs are equalised. Now that production has shifted, shifting back needs a financial reason. Same cost isn’t one