EU steel tariffs: European Commission plans higher duties; aim to protect local producers
EU steel tariffs: European Commission plans higher duties; aim to protect local producers
The EU is preparing to unveil a permanent plan next week to significantly increase tariffs on steel imports and nearly halve existing quotas. This aims to protect European producers from cheap Asian steel and US trade barriers, with imports exceeding reduced quotas facing higher duties. The move is vital for bolstering defense capabilities.
The EU is preparing to unveil a permanent plan next week to significantly increase tariffs on steel imports and nearly halve existing quotas. This aims to protect European producers from cheap Asian steel and US trade barriers, with imports exceeding reduced quotas facing higher duties. The move is vital for bolstering defense capabilities.
The EU is preparing to unveil a permanent plan next week to significantly increase tariffs on steel imports and nearly halve existing quotas. This aims to protect European producers from cheap Asian steel and US trade barriers, with imports exceeding reduced quotas facing higher duties. The move is vital for bolstering defense capabilities. 
