On Friday 6 July, the European Commission announced it would introduce provisional safeguard measures on steel in the form of a tariff rate quota (TRQ) following the raising of US customs duties of 25% on imports of steel on 1 June (see EUROPE 12049).
The previous day, the Commission presented the member states with its intention to introduce these measures, and its plan received overwhelming support from the member states meeting in the safeguard committee, according to a Commission...