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EU issues new steel and e-commerce regulations to reduce trade imbalance with China
The bloc will charge 3 euros on small parcels and set a 50% duty on steel imports above 18.3 million metric tons, officials said.
- On Wednesday, The European Union rolled out two measures to protect its steel industry and limit small e-commerce parcels, imposing a 3 euro customs duty on packages valued under 150 euros.
- The European Union's trade deficit with China widened to around 360 billion euros in 2025, while The Commission reported small parcel imports surged to 5.9 billion from about 1.4 billion in 2022.
- New rules set tariff-free steel quotas at 18.3 million metric tons annually, imposing a 50% duty on 26 types of steel imports, while Chinese e-commerce giants Temu and Shien control about 90% of the small parcel trade.
- European Commission President Ursula von der Leyen defended the tax as "restoring fairness," while Chinese Ministry of Foreign Affairs spokesperson Guo Jiakun said on Tuesday that China and the EU are "partners, not rivals."
- Tsinghua University researchers identified "China Shock 2.0," a surge of subsidized Chinese exports, and warned the European Union would likely impose additional tariffs that, combined with U.S. protectionism, might inspire other nations to implement steep tariff hikes.
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Coverage Details
Total News Sources11
Leaning Left6Leaning Right2Center2Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 20%
R 20%
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