Ukraine faces multi-billion-euro blow as EU moves to reimpose pre-war trade quotas
โTrump methods in the velvet EU glove,โย a Ukrainian source involved in the farming sector told Euractiv.
โTrump methods in the velvet EU glove,โย a Ukrainian source involved in the farming sector told Euractiv.
The framework touted by the White House represents the first emerging deal following the doling out of President Donald Trumpโs tariffs last month.
MEPs voted on Thursday to renew the suspension of import duties and quotas for certain imports from Ukraine, such as iron and steel, due to expire on 5 June 2025.Committee on International Trade Source : ยฉ European Union, 2025 – EP
While the French and the British have been working hand-in-hand on Ukraine, behind the scenes things havenโt been so harmonious.
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The EU executive is leaning toward reinstating quotas in the next trade framework with Ukraine, while Kyiv is pushing to maintain the current regime. With time running out, both sides are under pressure to reach a deal.
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n the face of rising geopolitical tension, greater integration with Ukraine is in the EUโs economic and strategic interest. For progress to be made, both sides must move beyond disputes over agricultural quotas and look at the bigger picture.
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The European Commission presented on Wednesday an action plan for the steel and metals industries. In a sector marked by strong international competition, the European executive plans to tighten import quotas with an objective of 15% reduction.
Bruxelles riposte aux taxes de 25% imposรฉes par le prรฉsident amรฉricain sur lโacier et lโaluminium.
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Returning to pre-war tariff quotas would be “a โฌ3 billion per year shock” for Kyiv.
The post Delayed EU-Ukraine trade talks worry Ukrainian agribusiness appeared first on Euractiv.
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