How U.S. Steel Tariffs Are Impacting European Markets
With a deadline set to expire on American allies’ exemption from U.S. steel and aluminum tariffs looming, the EU has been mulling a few options to offset the tariffs’ effects, which its member nations have felt since they were enacted.
Nexen Tire Czech Plant Investment Approved
The European Commission approved a €117million investment for Nexen Tire Corp. to build a factory in the Czech Republic. The European Commission found the investment offer from the government trade agency, CzechInvest, was compatible with EU state aid rules and will “promote regional development without unduly distorting competition in the internal market.” The EU estimates