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.

Archived version: https://archive.is/newest/https://www.france24.com/en/europe/20260413-eu-doubles-steel-tariffs-50-percent-crackdown-cheap-chinese-imports


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  • amaryllisfever
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    3 months ago

    Gotta keep prices artificially high so the little people never see how much they’re getting fucked.