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EU steel quota cut 47% proposal

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2025
DATE
10 - 09
EU Officially Announces: 50% Tariff Imposition!
On Oct 7, the EU proposed cutting steel import quotas by 47% to 18.3Mt/year and levying 50% tariffs on over-quota imports, plus origin tracing. Aimed at aiding local industry and U.S. talks, it awaits approval for 2026 implementation.
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