European steel sector on high alert amid slow-moving trade negotiations
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Euronews.com
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The EU steel sector is on high alert due to the US imposing 50% tariffs on steel and aluminium, which may redirect steel imports to the EU. EU officials warn of a potential flood of cheap foreign steel and increased pressure on an already struggling economy. The tariffs have escalated the EU-US trade conflict, complicating negotiations. EU Trade Commissioner Maroš Šefčovič expressed regret over the tariffs, while ongoing negotiations aim to resolve the deadlock amidst threats of further tariffs from the US. Teljes cikk (Euronews.com)