E.U. Proposes 50% Steel Tariffs as Trump Effect Ripples Around World: Europe Adopts Protectionism to Counter American and Chinese Competition
In a dramatic policy shift that would have been unthinkable just a few years ago, the European Commission proposed 50% tariffs—twice the current rate—on all steel imports above a quota that will be cut by roughly 45%. The move, announced Tuesday, represents one of the European Union’s most aggressive trade defense measures in decades and … Read more