EU’s intended tariff wall against cheap steel evokes mixed reactions
The European Commission wants to erect a tariff wall to save the steel industry, but the automotive industry organization ACEA is not entirely happy with this /Wayken
The European Commission wants to erect a tariff wall to protect the strategically important steel industry from global overcapacity. Welcomed by the European steel industry, which is in a state of survival, but met with skepticism by European carmakers who fear higher production costs.
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