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EU seeks to impose a 50% tariff on Chinese steel and present a united front with Trump against Beijing
The EU to double steel import tariffs from 25% to 50% to 'save our mills and jobs,' said Stéphane Séjourné, Vice-President of the European Commission. To counter what it calls unfair Chinese competition, Europe will also cut in half the quota of steel that can be imported duty-free. Imports exceeding these quotas will have tariffs doubled from 25% to 50%. The measures would bring tariffs to levels similar to those of the United States and Canada, according to Commission proposals awaiting approval by the EU's 27 member states and the European Parliament. The EU is also negotiating with Washington for an exemption from tariffs on European steel so that Washington and Brussels can back each other to resist China. Unesid welcomed the move, calling it a decisive step to guarantee competitiveness, sustainability, and employment in the European steel industry, and urging rapid adoption to take effect in early 2026. It also seeks to broaden the scope to cover processed products and the entire value chain. "The Commission's proposal is ambitious and very necessary. It restores a level playing field, boosts the use of productive capacity, and provides stability and investment confidence. It is essential for the future of European steel and the thousands of jobs that depend on it," said Carola Hermoso, Director General of Unesid.