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المشهد العربي
المشهد العربي
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The British Construction and Building Council warns that the government's decision to impose import quotas and tariffs on steel may cause delays to housing and infrastructure projects, with an anticipated shortage of supplies and rising domestic prices. The council urges the need to postpone the implementation of these measures or to provide transitional arrangements to avoid their negative impacts on the construction sector. The new measures will come into effect on July 1st, reducing duty-free quotas by up to 60%, and imposing tariffs of up to 50% on excess shipments.
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