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EU tariffs aimed at China hitting Ukraine, steel boss says

Asia-Pacific 1 source 1 country 🔦 Under-reported 59m ago

The head of one of Ukraine's largest steel companies stated that European Union tariffs intended to curb cheap imports from China are negatively impacting Ukraine. According to the executive, the nation has been bundled together with China in these restrictive trade measures.

The development highlights the unintended economic consequences of European trade defenses on war-affected industries. As the Ukrainian steel sector struggles to maintain operations amid broader geopolitical and economic pressures, trade restrictions from major Western partners pose an additional hurdle for the country's industrial exports.

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