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European Commission Proposes Increased Tariff Rate to Protect EU Steel Industry

|Proposed Changes|European Union
European Union

The European Commission has announced a proposal to protect the EU steel industry, including an increase in the tariff rate on steel imports exceeding the set quota from 25% to 50%.

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Commission proposes plan to protect EU steel industry from unfair impacts of global overcapacity

The Commission has presented a proposal to protect the EU steel sector from unfair impacts of global overcapacity, a vital step towards ensuring the long-term viability of a strategically crucial industry. Del…