Author: Rahul Shrivas
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EU introduces structured tariff quota regime to replace safeguard measures
European Commission sets annual quota at 18.3 mnt Imports exceeding these volumes to attract 50% duty The European Commission has proposed a new regulation to replace the existing steel safeguard mechanism, aiming to strengthen protection for the EU steel industry amid mounting global overcapacity and trade distortions. The new framework, announced on 7 October 2025…