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30 Oct
13:07

EU adjusts steel safeguard quotas for post-Brexit era

The European Commission is recalculating the volume of Tariff Rate Quotas (TRQs) as part of its steel safeguard measures effective 1 January 2021 to consider the UK a third country following Brexit, Kallanish notes. To do this, the Commission has established import volumes of countries subject to measures in the EU-27 during 2015-2017, and added to this amount the level of UK imports into the EU-27 in the period. Finally, it has added to the resulting amounts…
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