EU halves duty-free steel quota but UK and other partners given better rate
Thirteen countries with a free trade agreement with Brussels have their quota reduced by just one-thirdBusiness live – latest updatesThe EU has halved the amount of duty-free steel it will accept from abroad, but has agreed to higher levels of imports for more than a dozen trading partners including Britain.The curbs are designed to reduce cheap Chinese steel coming into the bloc. However, 13 countries with a free trade agreement (FTA) with Brussels, including the UK, have had their quota reduced by just one-third. Continue reading...
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Thirteen countries with a free trade agreement with Brussels have their quota reduced by just one-third
The EU has halved the amount of duty-free steel it will accept from abroad, but has agreed to higher levels of imports for more than a dozen trading partners including Britain.
The curbs are designed to reduce cheap Chinese steel coming into the bloc. However, 13 countries with a free trade agreement (FTA) with Brussels, including the UK, have had their quota reduced by just one-third.
Continue reading...
