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Why new EU steel tariffs to curb Chinese imports are giving carmakers a headache
Proposal to cut tariff-free quotas, double duties for imported steel triggers sell-off in Europe’s auto stocks, complaints from industry group.
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Timeline cronologica
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Eyeing China, EU unveils sweeping measures to shield struggling steel industry
If approved, plan tackling overcapacity would slash tariff-free quotas by nearly half and double duties on excess shipments to 50 per cent.
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Why new EU steel tariffs to curb Chinese imports are giving carmakers a headache
Proposal to cut tariff-free quotas, double duties for imported steel triggers sell-off in Europe’s auto stocks, complaints from industry group.