British Steel on the Brink: EU Tariff Plans Deepen the Crisis

The British steel industry faces one of its most serious challenges in decades. Proposed safeguard measures by the European Union are intended to shield the European market from low-priced imports and would introduce significantly tighter import restrictions. For British producers, the consequences could be severe. An institution that has consistently criticised economic protectionism when practised by others now appears prepared to employ similar instruments itself.