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74 new news items in the last 24 hours
  1. Home
  2. International

The steel industry in Great Britain warns of "the biggest crisis in history" after the EU raises tariffs on steel.

Adrian Rusu
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9 October 2025, 05:48
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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.

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Ziarul Financiar
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
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Business Magazin
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
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News.ro
Industria siderurgică din Marea Britanie avertizează asupra ”celei mai mari crize din istorie” după ce UE majorează tarifele la oţel

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NEWS ON THE SAME TOPICS

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International
London takes control of British Steel, owned by the Chinese group Jingye, to save 2,700 jobs at the Scunthorpe steelworks.
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EU
The EU demands new tariff reductions from the United States for European exports, while the 50% taxes on oil remain under negotiation.
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International
China expresses its dissatisfaction regarding the nationalization of British Steel, stating that it violates the rights of the Chinese group Jingye.
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EU
The European Commission has announced that the regulation for the protection of the EU steel sector will come into force on July 1, 2026, ensuring the viability of the industry.
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International
The European Union and the United Kingdom will meet on July 22 in Brussels to relaunch post-Brexit relations. The summit is organized by the President of the European Council Antonio Costa and British Prime Minister Keir Starmer.
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International
Extreme weather phenomena severely affect agriculture in Great Britain, causing a food crisis.
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Steel industry United Kingdom

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