EU Plans to Double Steel Tariffs, Cut Import Quotas in Bid to Protect Industry

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EU Plans to Double Steel Tariffs, Cut Import Quotas in Bid to Protect Industry

A worker at the Thyssenkrupp steel mill in Duisburg, Germany, on March. 20, 2025. Hesham Elsherif/Getty Images

The European Union announced on Oct. 7 plans to double tariffs on foreign steel and cut by half the amount allowed into the bloc before duties apply, in a push to shield struggling producers from global overcapacity.

Industry Commissioner Stéphane Séjourné said the new rules were meant to defend Europe’s steel plants and workers.

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