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EU Doubles Steel Tariffs on Chinese Imports to 50%

Primul articol: 14 apr. 2026, 01:22 | Ultima actualizare: 14 apr. 2026, 01:22 | 1 sursa | 1 articol
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The EU's decision to double steel tariffs to 50% aims to protect European steel producers from being undercut by cheaper Chinese imports. This move comes amid concerns that China's steel industry, facing overcapacity, is flooding the global market with inexpensive steel, potentially harming European businesses and jobs. The tariffs are intended to level the playing field and ensure fair competition.

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EU doubles steel tariffs to 50% to curb surge of cheap Chinese imports Foto: France 24
France 24 English FRANCE 24 14 apr. 2026, 01:22 (acum 1 zi)

EU doubles steel tariffs to 50% to curb surge of cheap Chinese imports

EU lawmakers and member states agreed on Monday to double tariffs on foreign steel to 50%, aiming to shield the bloc’s struggling industry from a surge in cheap Chinese imports. The deal also cuts duty-free import volumes by 47%. Trade chief Maros Sefcovic warned global overcapacity threatens Europe’s industrial strength.

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