All articles tagged with #quotas
EU-wide quotas cap tariff-free Ukrainian steel at 18.3 million tonnes per year (a 47% cut). Ukraine’s allocated share is only 1.05 million tonnes annually, less than half of its 2024 EU trade, meaning above-quota shipments would face a 50% tariff and could jeopardize production, jobs, and Kyiv’s postwar recovery. Kyiv is pressing Brussels for relief with a September review, while the UK maintains a separate agreement path.
The US EPA is set to propose lower biomass-based diesel quotas for 2026 and 2027 than industry expected, potentially impacting biofuel markets and related credit trading, with decisions also pending on small refinery exemptions.
Schools and universities in Bangladesh have been closed indefinitely following deadly protests over government job quotas, which reserve positions for war heroes' relatives, women, ethnic minorities, and the disabled. Students argue the system is discriminatory and demand merit-based recruitment. Clashes between anti-quota protesters and supporters, including the student wing of the ruling Awami League, have resulted in six deaths and hundreds of injuries. Despite the government's efforts to maintain order, protests are expected to continue until the quota system is permanently abolished.
A former car dealership employee shared insider tips on TikTok, advising buyers to purchase at the end of the month when dealerships are desperate to meet quotas, negotiate interest rates, withhold trade-in information, and request the dealership's invoice to pay less than MSRP. Commenters supported the advice, with one former GM dealership manager endorsing the tips.