Steel Deal With EU Muddled by a Jumble of Quotas and Red Tape


WASHINGTON—The Biden administration’s deal to ease off steel and aluminum tariffs from Europe has acquired plaudits from a whole lot of U.S. enterprise, nevertheless a complicated new quota system that comes with it has fueled points for small importers.

The deal, launched by the Group of 20 summit closing weekend, permits the European Union to export steel and aluminum obligation free until reaching a quota of three.3 million metric tons of steel and 384,000 metric tons of aluminum a yr. | Steel Deal With EU Muddled by a Jumble of Quotas and Crimson Tape

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