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EU to double steel tariffs amid influx of Chinese imports
The EU aims to protect 300,000 steel sector jobs by cutting tariff-free imports almost 50% and doubling tariffs to 50%, targeting Chinese overcapacity and unfair competition.
- The European Union plans to implement a 50 percent tariff on steel imports, as confirmed by Prime Minister Keir Starmer, which could harm the British steel industry.
- UK Steel's director general, Gareth Stace, described the potential tax on steel imports as 'devastating' for the industry, noting a rapid rise of protectionist trade measures worldwide.
- The UK Government is seeking urgent clarification from the European Commission regarding the impact of these tariffs to support the steel industry and protect jobs.
- EU Commissioner Stephane Sejourne stated that Europe is reducing steel imports to 'save our European steel plants and jobs.
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167 Articles
167 Articles
EU unveils tough new measures to protect steel industry from China, triggering meltdown in UK
The European Union has proposed halving its tariff-free steel import quota, triggering strong backlash from the United Kingdom over fears of devastating impacts on its steel industry
·Mumbai, India
Read Full ArticleThe European Commission has officially confirmed its already announced plans to protect the European steel industry. The Brussels authority proposes to increase import tariffs from 25 to around 50 percent, as EU Commissioner for Industry Séjourné said.
·Germany
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+2 Reposted by 2 other sources
Government ‘in discussions’ with EU over steel tariff hike – Starmer
The European Commission is effectively planning to match the levy Donald Trump imposed on the EU.
·London, United Kingdom
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Total News Sources167
Leaning Left27Leaning Right32Center35Last UpdatedBias Distribution37% Center
Bias Distribution
- 37% of the sources are Center
37% Center
L 29%
C 37%
R 34%
Factuality
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