Strasbourg, France, Oct 7, 2025 (AFP) - EU targets foreign steel to rescue struggling sector

NAMPA / AFP
2025-10-07
The EU moved Tuesday to double tariffs on foreign steel -- taking a leaf from US President Donald Trump's book to shield the bloc's struggling industry from a flood of cheap Chinese exports. Urged to act fast to rescue European steel from decline, the EU executive proposed hiking levies on steel imports to 50 percent, and slashing the volume allowed in before tariffs apply by 47 percent. Last year alone, "18,000 direct jobs were cut in the steel......
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