UK to challenge EU over ‘devastating’ plans to almost halve tariff-free steel import quotas
Business secretary to meet European counterpart on Friday as EU industry leaders worry about retaliatory measures by UK Business live – latest updates The UK business secretary, Peter Kyle, is to raise concerns about EU plans to dramatically reduce tariff-free imports of British steel with its trade commissioner, Maroš Šefčovič, in Brussels on Friday. The UK steel industry has previously warned of “devastating” consequences from the new quota system being planned by the EU, w
Business secretary to meet European counterpart on Friday as EU industry leaders worry about retaliatory measures by UK Business live – latest updates The UK business secretary, Peter Kyle, is to raise concerns about EU plans to dramatically reduce tariff-free imports of British steel with its trade commissioner, Maroš Šefčovič, in Brussels on Friday. The UK steel industry has previously warned of “devastating” consequences from the new quota system being planned by the EU, which will cut overall tariff-free imports from non-EU countries by 47% on 2024 levels from 1 July. Continue reading...
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