
Alarm sounds over plan in Brussels to double import tariff to 50% with four-fifths of UK exports heading to Europe
The EU has announced it will match Donald Trump’s steel tariffs, doubling levies on imports to 50% in a move condemned as “an existential threat” to the industry in the UK.
With 80% of British exports going to the EU, the change poses the UK steel industry’s biggest ever crisis, according to the lobby group representing the sector.
Continue reading…Alarm sounds over plan in Brussels to double import tariff to 50% with four-fifths of UK exports heading to EuropeThe EU has announced it will match Donald Trump’s steel tariffs, doubling levies on imports to 50% in a move condemned as “an existential threat” to the industry in the UK.With 80% of British exports going to the EU, the change poses the UK steel industry’s biggest ever crisis, according to the lobby group representing the sector. Continue reading…