BERLIN (Reuters) -Germany’s Social Democrats, junior partners in Chancellor Friedrich Merz’s coalition, will push for a more protectionist stance on Europe’s steel industry, urging the EU to adopt a “buy European” strategy, a document seen by Reuters on Saturday showed. The SPD, headed by Finance Minister Lars Klingbeil, is due to adopt the proposals next week. “At its core, what is needed is a tariff quota system that effectively limits excessive import volumes while keeping the market controlled and open,” the SPD said.Read More
German coalition partner seeks protections for European steel, document shows
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