Mike Johnson

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New EU steel quotas are a crippling hit to Ukrainian industry

The EU's new steel allocation, set to enter into force on July 1, was introduced in response to global steel overcapacity, which has been hurting EU producers. The measure aims to restrict tariff-free steel imports to 18.3 million metric tons per year, a 47% reduction.

Ukraine backed out of MiGs-for-drones deal, Polish minister claims

"I proposed what I believe was a very fair, partnership-based approach: MiGs in exchange for drones," Polish Defense Minister Wladyslaw Kosiniak-Kamysz said. "The Ukrainians initially accepted it but did not follow through, so there are no MiGs for Ukraine because there are no drones, or drone capabilities, for Poland."

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