‘Worse than Trump’s tariffs’: EU steel protections are poised to pummel British industry
Shorouk Express The moves echo a French proposal backed in July by Europe’s steel lobby EUROFER and 11 EU nations, including Spain and Italy. That plan proposed slashing the bloc’s current steel safeguard quotas by 40 percent to 50 percent. Imports exceeding the quotas would catch a 50 percent tariff. “As a non-EU country, we…