Trade Trade

Comment: EU tariff concession to US aims at shifting focus onto China’s steel oversupply

By Joanna Sopinska
  • 19 May 2021 05:11
  • 19 May 2021 08:06
The EU’s suspension of imminent tariff hikes on US imports appears to be a one-sided concession made to snag a bigger deal with Washington on addressing a China-driven global steel glut.

The EU had been due to impose hefty tariff increases next month, but postponed them this week to create “the most

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