Published 1 day ago • loading... • Updated 5 hours ago

EU proposes cutting steel imports by 15% as Trump tariffs bite

The European Union will increase steel import quotas by 15% starting April 2025, announced a senior EU official.
The EU imported approximately 60 million metric tons of steel in 2024, with half under tariff-free quotas.
Stephane Sejourne, Executive Vice-President of the European Commission, stated that steel imports are crucial for rebuilding Europe’s military industrial base following the Ukraine conflict.

Insights by Ground AI

Does this summary seem wrong?

23 Articles

All

Left

Center

Right

The Epoch Times

EU Moves to Curb Steel Imports Following US Tariffs

The European Union is planning to further restrict steel imports from April, according to an action plan released on March 19. The European Commission, the bloc’s executive body, published the European Steel and Metals Action Plan, aiming to “maintain and expand European industrial capacities in the steel and metals sectors.” Describing the industry as “fundamental” to the continent’s economy and vital to the defense, tech, and automotive sector…

5 hours ago·New York, United States

Read Full Article

EU Observer

EU unveils steel rescue plan to avoid external 'dependency'

The EU will update and tighten its measures to protect the bloc’s embattled steel industry, as the sector faces the double whammy of US import duties and high energy costs.

7 hours ago·Brussel, Belgium

Read Full Article

Le Monde

EU announces further steel import cuts amid Trump tariff troubles

EU Commissioner Stéphane Séjourné announced a further 15% cut in EU steel imports from April, in order to prevent US President Donald Trump's 25% steel and aluminum tariffs from disrupting the European market.

7 hours ago·Paris, France

Read Full Article

The Rio Times

EU Slashes Steel Quotas by 15% as Chinese Exports Flood Global Markets

The European Union will tighten steel import quotas by an additional 15% starting April 2025, a senior EU official announced Wednesday. This decisive move aims to prevent cheap steel from flooding European markets following new tariffs imposed by Washington. European steelmakers currently battle soaring energy costs and fierce competition from Asia. The EU imported approximately […]

7 hours ago·Brazil

Read Full Article

Seeking Alpha

European Union proposes cutting steel import quotas by 15%

The European Union proposes to reduce steel imports by a further 15% starting in April, in a move aimed at preventing cheap steel flooding the European market after the U.S. imposed tariffs.

9 hours ago·United States

Read Full Article