EU eyes higher steel tariffs

THE EU will propose cutting steel import quotas and significantly increasing tariffs on the metal from abroad, the bloc’s industry chief Stephane Sejourne told the sector this week, mirroring US moves.

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Brussels will unveil new measures next week to protect the steel sector that will replace a current “safeguard clause” expiring next year, Sejourne said during a meeting in Brussels.

Protecting the steel industry is a priority for Brussels, especially after US President Donald Trump slapped 50% tariffs on the metal this year.