By Stuart Burns
President Donald Trump had scant regard, nor interest, in the impact his decision in 2018 to impose 25% import duties on steel products would have on other markets around the world - his focus was, reasonably enough, purely on the U.S.
But when a market the size of the U.S. takes such profound steps, the ripples spread far and wide.
Horrified at the prospect that displaced steel would flood the European market, local steel producers successfully lobbied the European Commission to impose safeguards, allowed under WTO rules, to protect domestic