The steel industry in Great Britain warns of "the biggest crisis in history" after the EU raises tariffs on steel.
Adrian Rusu
International
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The European Union has announced a drastic 47% reduction in tariff quotas for imports of steel, allowing tax-free exports of up to 18.3 million tons annually. Tariffs will be doubled to 50% for imports that exceed these quotas. The United Kingdom, already affected by difficulties in the steel industry, fears the devastating impact of these measures, considering that 80% of its exports go to the EU. British Prime Minister Keir Starmer has initiated discussions with the EU and the US to address this issue.
Sources
Lovitură pentru Marea Britanie. Industria siderurgică britanică se află în pragul celui mai mare colaps din istorie după decizia UE de reducere a cotei tarifare, dar şi de a dubla tarifele la 50% pentru importurile de oţel. Londra caută acum soluţii
Lovitură pentru Marea Britanie. Industria siderurgică britanică se află în pragul celui mai mare colaps din istorie după decizia UE de reducere a cotei tarifare, dar şi de a dubla tarifele la 50% pentru importurile de oţel. Londra caută acum soluţii
Industria siderurgică din Marea Britanie avertizează asupra ”celei mai mari crize din istorie” după ce UE majorează tarifele la oţel
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