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EU steel tariffs have 'worked well' so far
By EUobserver
An EU decision to impose 25 percent tariffs on 23 different types of steel in retaliation against US ones had "overall worked well during the first year of implementation" the European Commission said Wednesday on the basis of a new economic study. It suggested giving developing countries more breaks from the tariff scheme, among other tweaks, which would have to be approved by the World Trade Organisation to go ahead.