EU to Support Steel Industry Amidst US Tariffs

Reported about 19 hours ago

The EU Commission announced plans to boost the competitiveness of Europe's steel sector and protect it from impending US trade tariffs. Following a 'strategic dialogue' on March 4, led by Commission President Ursula von der Leyen, the EU aims to address immediate needs in trade, carbon levies, and energy to meet carbon neutrality goals by 2050. The initiative comes as US President Trump proposes a 25% tariff on all steel and aluminum imports.

Source: YAHOO

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