News
New UK steel tariffs threaten British manufacturing, industry warns
1+ week, 3+ day ago (549+ words) Letter from Confederation of British Metalforming to the U. K. trade department warns that protections meant to boost homegrown steelworks risk "severely disrupting supply chains." LONDON " New protections for the U. K. steel sector will fuel inflation and threaten thousands of jobs throughout the…...
New EU climate law deals "instant" blow to Ukraine"s steel exports, industry says
1+ week, 17+ hour ago (702+ words) Steel is one of Ukraine's top sources of export revenue but is being hurt by carbon tariffs imposed by Europe, manufacturers claim. BRUSSELS "Ukrainian steelmakers say the EU's new carbon border tax is prompting European customers to cancel orders, threatening…...
EU's "ef'ovi' confirms push for Western steel club with US and UK
3+ week, 4+ day ago (327+ words) Britain has actively lobbied to form such a steel alliance with the EU. YAOUNDE, Cameroon " The European Union is exploring the creation of a Western steel alliance with the United States and the United Kingdom to counter China's industrial overcapacity,…...
Let's talk about your tech rules, Trump envoy tells EU
4+ week, 2+ day ago (666+ words) Washington wants more concrete engagement on the EU's landmark digital platform and competition laws, Ambassador Andrew Puzder tells POLITICO. BRUSSELS " The United States wants to engage in a meaningful dialogue with Brussels on reducing European tech regulation, its Ambassador to…...
US dangles steel concessions ahead of key EU votes
1+ mon, 4+ day ago (808+ words) Easier U. S. treatment of products containing steel could unlock approval of last year's trade deal by EU lawmakers. But it's not yet a done deal." BRUSSELS " The Trump administration has reassured the EU's top trade lawmaker that it plans to shorten…...
UK to raise steel tariffs to 50 percent in new sector strategy this week
1+ mon, 6+ day ago (519+ words) The government will announce its plans in south Wales on Thursday. LONDON " Trade Secretary Peter Kyle is expected to announce the U. K. s steel strategy at Tata Steel UKs mill in Port Talbot on Thursday. The strategy will set out new…...
Reform UK vows to scrap Britain's carbon border tax
2+ mon, 4+ day ago (657+ words) Business groups warn that ditching the scheme could backfire. LONDON " Reform UK would scrap Britain's planned carbon border tax if it wins power, the party's business and trade chief Richard Tice has said." Speaking to POLITICO on Tuesday, Tice vowed…...
UK has two months to save its steel industry, says Tata exec
2+ mon, 1+ week ago (428+ words) U. K. urged to follow the EU in imposing higher tariffs on imported products. LONDON " British ministers have two months before an influx of cheap foreign imports wipes out the domestic steel market, an executive at Britain's largest steel producer has warned....
EU-India trade deal falls short of car industry goals
2+ mon, 3+ week ago (747+ words) While the deal lowers car tariffs, they are still too high for most Indians to be able to afford a European car. European automakers are finally getting access to the Indian market through the free trade agreement signed Tuesday, but…...
EU, India reach agreement'on trade deal
2+ mon, 3+ week ago (332+ words) NEW DELHI " The EU and India have concluded trade talks on a free trade agreement, a senior Indian official told POLITICO." "Official-level negotiations are being concluded and both sides are all set to announce the successful conclusion of FTA talks…...