The European Union is investigating a surge in aluminium imports redirected from the United States, potentially leading to higher tariffs on imports to protect the EU’s aluminium industry. The investigation includes major exporters like India, Russia, and the United Arab Emirates, with measures also being considered to tighten regulations and prevent unfair trade practices. The EU aims to secure the viability of its steel industry and may introduce rules targeting nations that restrict scrap metal exports to ensure European steelmakers have sufficient raw materials for production, with businesses awaiting further action to safeguard the future of Europe’s metal industry.
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Scrapping two-child benefit cap could lift 600,000 children out of poverty in five years, analysis finds
A recent analysis by Action for Children has revealed that scrapping the two-child benefit cap could lift 600,000 children out of poverty in the next five years, at a cost of £3.9bn per year. The charity argues that this move is the most cost-effective policy option to improve the lives of children, compared to other measures to increase parents' income. Labour is currently working on a child poverty strategy led by Liz Kendall and Bridget...
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