EU Agrees to Nearly Halve Steel Imports to Support Industry
EU officials reached a deal on Monday to nearly halve steel imports and raise tariffs. The measures aim to boost domestic production capacity to 80 percent.
Xurve View
Xurve View
The European Union reached a preliminary agreement on Monday to implement measures that would nearly halve steel imports into the bloc. The decision includes the imposition of significantly higher tariffs on any shipments that exceed established quotas, a move designed to protect and revitalize the regional steel manufacturing sector.
