Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
World

EU Eyes Higher Steel Tariffs, Taking Page From US

The European Union will unveil new measures on Tuesday to protect the steel sector that will replace the current 'safeguard clause' (Credit: AFP)

The EU will propose cutting steel import quotas and significantly increasing tariffs on the metal from abroad, the bloc's industry chief Stephane Sejourne told the sector on Wednesday, mirroring US moves.

Brussels will unveil new measures next week to protect the steel sector that will replace a current "safeguard clause" expiring next year, Sejourne said during a meeting in Brussels, participants told AFP.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.