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EU proposes doubling tariffs on foreign steel

World News

07-10-2025 | 09:03

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EU proposes doubling tariffs on foreign steel

The EU's industry chief on Tuesday unveiled proposals to double tariffs on foreign steel and slash import quotas as part of efforts to protect European manufacturers and counter cheap Chinese competition.

"This is the reindustrialisation of Europe," industry commissioner Stephane Sejourne wrote on X, as he announced the plan to hike steel levies to 50 percent and cut by half the volume allowed into the 27-country bloc before duties kick in.

AFP

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