Economy · World
EU Reduces Tariff-Free Steel Quotas by 33% for Trade Partners
2 sourcesFirst reported 22 days agoUpdated 21 days ago
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What all sources covered
- The European Union has announced a 33% cut in tariff-free steel quotas.
- Half of the remaining quotas will be reserved for countries with free-trade agreements.
- This move aims to protect local industries from increasing imports, mainly from China.
- The changes are part of new measures introduced by the EU.
2 sources
Who reported first
BloombergFirst
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