The Commission adopted two major Cohesion Policy projects, improving the Polish rail network and increasing its capacity, speed and safety. Both projects should be operational as of January 2023 and will promote railway as a clean and competitive transport mode in the country. Johannes […]
One predictable effect of President Donald Trump’s imposition of wide-ranging steel tariffs is that there’s a glut of steel in the market that isn’t going into the U.S. A lot of cheap steel has been flooding into the European Union, so the EU is now acting to stem the flow.
The EU started looking at its options in March last year and adopted provisional safeguards four months later. On Saturday, it will impose quotas in order to protect steel producers in Germany, Italy, Spain, Poland, France, Slovakia and Slovenia, who are less than keen on having foreign steel dumped on their turf at low prices.
In effect, Trump’s tariffs has led the EU to take its own; his protectionism forced theirs.