Published: October 11th, 2023,
Last updated: May 27th, 2025
Following electric cars, the EU Commission apparently also wants to investigate subsidies for Chinese steel companies more closely. The Financial Times reported on Tuesday, citing two people familiar with the matter, that an investigation into possible market distortions is also planned. According to the report, the official announcement of the EU investigation will be made at a summit meeting with the US this month. US President Joe Biden has invited EU Commission President Ursula von der Leyen and EU Council President Charles Michel for talks on 20 October.