Swiss Chide EU Over Steel Import Curbs

by Michael Shields
Thursday, November 21, 2019

Switzerland criticized on Thursday measures the European Union has adopted to curb steel imports amid a global trade spat, saying they harmed the Swiss steel industry.

The European Commission last month revised safeguard measures introduced in July 2018 and decided to reduce the annual increase in quota volumes, the government said in a summary of talks on the status of a bilateral free trade deal. "These changes threaten to further restrict bilateral steel trade between Switzerland and the EU and harm the Swiss steel industry, which is closely interlinked with the EU steel and automotive industries. Switzerland continues to lobby the EU for unrestricted trade in steel products," it said. 

(Reporting by Michael Shields; Editing by John Miller)

Categories: People & Company News Ports

Related Stories

All in the Family: The SunStone Maritime Group CEO Torch Passes to Carsten Lund

Verizon Wins 5G Contract for UK's Thames Freeport

TOTE Promotes Hofeling, Crawford

Current News

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

Maersk Reopens Cargo Acceptance to Port of Haifa

Panama Canal Celebrates Nine Years Since Expansion

Subscribe for Maritime Logistics Professional E‑News