FLASH NEWS
The EC proposes doubling tariffs on steel imports
2025-10-07 22:21:34 / BOTA
The European Commission has proposed doubling tariffs on steel imports, to 50 percent, to protect EU producers from competition from countries like China, European Union Industry Commissioner Stephane Sejourne announced on Tuesday.
Furthermore, the volume of imports not affected by tariffs is expected to be halved.
The European Parliament and EU member states must give the green light before the new rules can enter into force.
The aim of this proposal is to protect European steel producers and jobs.
“This is the reindustrialization of Europe,” wrote Commissioner Sejourne in X.
According to the EC, there is a global surplus of over 600 million tonnes, a formulation that usually refers to goods for which there are no consumers.
The issue has become more urgent as the United States steadily increased tariffs on imports.
There are fears in Brussels that exports previously sold to the US could now be diverted to Europe, adding pressure on EU producers.
According to EU data, most steel imports into the bloc currently come from Turkey, South Korea, India, Vietnam, China, Japan, Britain and Ukraine.
Germany, which has the largest steel industry in the EU, is already facing the consequences of a crisis in the consumer industry, especially in the automotive industry.
China produces the most steel in the world.
The new tariffs would be a stronger shield for the EU against imports from Asia.
The current safeguard mechanism for the European steel industry expires in June 2026.
The new measures, according to the EC, aim to provide a permanent solution to this issue./ REL
-
A parked car in Lezha is crushed
October 7, 22:02 -
Happening now...
ideas
top
Alfa recipes
TRENDING 
services
- POLICE129
- STREET POLICE126
- AMBULANCE112
- FIREFIGHTER128