EU agrees to double tariffs on foreign steel, according to reports

This report signals an escalation in trade tensions, specifically targeting foreign steel imports, likely aimed at protecting local industries.

Newsquawk StaffPublished 14 Apr 2026, 10:36 UTCOn the live feed at 10:16 UTC — 5 more headlines followed before this page went public

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10:20

Johnson & Johnson (JNJ) Q1 2026 (USD) : EPS 2.70 (exp. 2.68), Revenue 24.1bln (exp. 23.61bln), Net Income 6.61bln (exp. 6.55bln), Current FY Rev. 100.3-101.3bln (prev. 100-101bln; exp. 100.62bln), quarterly dividend +3.1% to 1.34/shr (prev. 1.30/shr)

10:17

Reports in Iran state that there is still no information about an agreement to hold talks in Islamabad or in other reports, despite claims by some Pakistani sources and Western media

10:16

EU agrees to double tariffs on foreign steel, according to reports

10:11

The EU is to cut funds for projects containing Chinese inverters, SCMP reports; sources state that the commission wants to prevent EU money from flowing to such projects and curb research cooperation under its Horizon programme

10:10

UK gets a record GBP 148bln investor bids for its 10-year debt sale, Bloomberg reports

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Context

The decision may support domestic steel prices, impacting related commodities and potentially drawing reactions from major trading partners. Markets may react with increased volatility in steel stocks and commodity-linked currencies.

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