EU to limit steel imports after US raised tariffs

EPA

EU to limit steel imports after US raised tariffs


The European Union decided to introduce measures to curb steel imports. The Commission proposed a combination of a quota and a tariff to prevent a surge of steel imports that is threatened, notably since the United States imposed levies on incoming steel and aluminium.

The quota would be a reflection of imports over recent years, with a 25% tariff set for volumes exceeding that amount. The move marks a victory for the European steel industry, which has pressed for import restrictions to count...


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