EU imposes ‘safeguard’ measures to curb steel imports

A container ship arrives at Yusen Terminals at the Port of Los Angeles
A container ship arrives at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in Los Angeles, California, U.S., January 30, 2019. REUTERS/Mike Blake

February 1, 2019

BRUSSELS (Reuters) – The European Union will impose limits on steel into the bloc from Saturday following U.S. President Donald Trump’s imposition of metals tariffs, a filing in the European Union’s official journal said on Friday.

All steel imports will now be subject to quotas until July 2021 to counter the concerns of EU producers, who say that European markets could be flooded by steel products that are no longer being imported into the United States.

(Reporting by Philip Blenkinsop, editing by Robin Emmott)

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