UK to challenge EU over planned steel quota cuts
The UK business secretary, Peter Kyle, is due to raise concerns with the European Commission in Brussels over plans to sharply reduce tariff-free steel import quotas. The talks come as both the UK and the EU prepare new steel safeguards to take effect from 1 July. The dispute centres on how much steel can enter each market without tariffs, and on the risk that the two sides could end up restricting each other's exports at the same time.According to the supplied material, the EU plans to cut overall tariff-free imports from non-EU countries by 47% on 2024 levels from 1... [Continue Reading]
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