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Stories published on Oct 7
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  • Stories published on Oct 7

Tuesday, Oct 7

23

EU proposes halving steel import quota and doubling out-of-quota tariffs to 50%

www.france24.com

The European Commission has moved to cut free-trade quotas by 47% for steel and steel products and to double out-of-tariff import duty to 50%, taking a leaf out of Donald Trump's protectionist playbook. It's a way to protect the continent…

EU to match U.S. steel tariffs, raising angst among U.K. companies

www.upi.com

The European Union has announced it will match President Donald Trump's tariffs on steel, causing the United Kingdom's steel industry to worry about its future.

22

EU once again tries to seize what rightfully belongs to Russia — Russian Foreign Ministry

tass.com

On September 10, European Commission President Ursula von der Leyen stated that the EC does not intend to confiscate frozen Russian assets in the West, but plans to use them to issue loans to Ukraine

21

UK Foreign Office issues urgent update for EU holidaymakers ahead of rule change

The Foreign Office has updated its travel advice for a number of popular European holiday destinations ahead of a major rule change introducing a new Entry/Exit System

British steel facing ‘existential threat’ after EU hikes tariffs

Keir Starmer said he is in talks with both the US and EU about the tariffs, which industry figures say is ‘the biggest crisis the UK steel industry has ever faced’

UK pledges to defend steel industry after EU says it will raise tariffs to 50%

www.ft.com

Brussels also plans to cut amount that can be imported tax free which would be ‘terminal’ for British companies

20

Brussels slashes steel imports by half as US-China trade clash crushes EU industry

As the U.S. blocks exports and China floods markets, the EU steel industry got some last-ditch protection amid a "devastating squeeze."

Government ‘in discussions’ with EU over steel tariff hike – Starmer

The European Commission is effectively planning on matching the levy Donald Trump imposed on the EU.

Government ‘in discussions’ with EU over steel tariff hike – Starmer

The European Commission is effectively planning on matching the levy Donald Trump imposed on the EU.

EU steel tariff hike threatens 'biggest ever crisis' for UK industry

www.bbc.co.uk

The EU is the destination for 78% of steel products made in the UK for overseas markets.

19

UK steel manufacturers face ‘existential threat’ from EU tariff hikes

The European Commission plans to double tariffs on steel to 50% and reduce tariff-free import volumes.

UK steel manufacturers face ‘existential threat’ from EU tariff hikes

The European Commission plans to double tariffs on steel to 50% and reduce tariff-free import volumes.

UK steel manufacturers face ‘existential threat’ from EU tariff hikes

www.standard.co.uk

The European Commission plans to double tariffs on steel to 50% and reduce tariff-free import volumes.

UK steel manufacturers face ‘existential threat’ from EU tariff hikes

The European Commission plans to double tariffs on steel to 50% and reduce tariff-free import volumes.

EU Proposes 50% Steel Tariffs, a Move to Counter Chinese Imports

www.nytimes.com

European officials want to sharply lower the bloc’s quota on tariff-free steel imports, while doubling levies to 50 percent, as President Trump’s tariffs create domino effects.