EU plans anti-subsidy probe into Chinese steelmakers

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EU plans anti-subsidy probe into Chinese steelmakers
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Efforts to shield industries from cheap competition follow the EV state-backed inquiry.

China urged the EU to protect global supply chain stability and their strategic partnership while using trade remedies cautiously.

Brussels had agreed to join Washington’s efforts to shield industries from cheap competition, the report said, citing two officials with knowledge of the move. In September, Brussels launched an investigation into whether to impose punitive tariffs to protect EU producers against cheaper Chinese electric vehicle imports it says are benefiting from state subsidies.

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