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Tariff Tempests & Trade Turmoil Threaten EU Steel
EUROFER warns that U.S. tariffs at 50% could eliminate 3.8 million metric tons of EU steel exports. As the U.S. ramps up domestic production with policy support, redirected global steel threatens to flood Europe. Dr Henrik Adam stresses urgent EU action on trade safeguards and energy reform is vital to protect jobs and decarbonisation. Analysts say without bold measures, Europe risks plant closures, higher carbon imports and lost global competitiveness.
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