EU halves duty-free steel quota but UK and other partners given better rate
Twelve countries with a free trade agreement with Brussels have their quota reduced by just one-third Business live – latest updates The EU has halved
Twelve countries with a free trade agreement with Brussels have their quota reduced by just one-third Business live – latest updates The EU has halved the amount of duty-free steel it will accept from abroad, but has agreed to higher levels of imports for 12 trading partners including the UK.
The curbs are designed to reduce cheap Chinese steel coming into the bloc. However, 12 countries with a free trade agreement (FTA) with Brussels, including
the UK, have had their quota reduced by just one-third. Continue reading...
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