{"id":4891,"date":"2025-10-08T06:48:44","date_gmt":"2025-10-08T06:48:44","guid":{"rendered":"http:\/\/www.globaltalenthq.com\/?p=4891"},"modified":"2025-10-13T18:41:11","modified_gmt":"2025-10-13T18:41:11","slug":"eu-proposes-50-steel-tariffs-to-counter-trump","status":"publish","type":"post","link":"http:\/\/www.globaltalenthq.com\/index.php\/2025\/10\/08\/eu-proposes-50-steel-tariffs-to-counter-trump\/","title":{"rendered":"EU proposes 50% steel tariffs to counter Trump"},"content":{"rendered":"

EC Commission President Ursula von der Leyen has launched the protectionist plan citing \u201cglobal overcapacity\u201d<\/strong><\/p>\n<\/p>\n

The European Commission has proposed a 50% tariff on steel imports above an annual quota, claiming the move will protect the EU’s metals industry from international competition and US duties.<\/p>\n

An agreement struck earlier this year by EC President Ursula von der Leyen and US President Donald Trump, viewed in the EU as lopsided, set a baseline 15% US tariff on most exports from the bloc, but left steel and aluminum at 50%.<\/p>\n

Von der Leyen’s protectionist measure needs approval from the European Parliament but if passed will significantly reduce the existing tariff-free quota and double the tariff on excess volumes from 25% to 50%.<\/p>\n

Under the plan, importers would have to prove where steel was melted and poured, and quotas would be reset close to 2013 levels. <\/p>\n

\n Read more<\/strong><\/span><\/p>\n

\n \"RT\"
US tariffs to cost German car giants over \u20ac10bn \u2013 study<\/a><\/figcaption><\/figure>\n<\/blockquote>\n

“Global overcapacity is damaging our industry,”<\/em> von der Leyen said in a statement published by the commission. <\/p>\n

The EU’s domestic steel sector was operating at only 67% capacity last year, and showed record losses, a slump which was only worsened by Trump’s tariffs.<\/p>\n

The US, the bloc’s biggest customer, imported around $8.7 billion worth of iron and steel goods last year, according to S&P Global.<\/p>\n

However, the new tariffs would hit the UK hard, as about 78% of its steel exports go to the EU, according to trade data.<\/p>\n

\n
\n READ MORE: <\/span>Trump hits drug imports with 100% tariff
\n <\/a>\n <\/p>\n

UK industry leaders have warned that the new measures could be devastating if implemented, the BBC reported on Tuesday.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"

EC Commission President Ursula von der Leyen has launched the protectionist plan citing \u201cglobal overcapacity\u201d The European Commission has proposed a 50% tariff on steel imports above an annual quota, claiming the move will protect the EU’s metals industry from international competition and US duties. An agreement struck earlier this…<\/p>\n

Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":4894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"http:\/\/www.globaltalenthq.com\/index.php\/wp-json\/wp\/v2\/posts\/4891"}],"collection":[{"href":"http:\/\/www.globaltalenthq.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.globaltalenthq.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.globaltalenthq.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.globaltalenthq.com\/index.php\/wp-json\/wp\/v2\/comments?post=4891"}],"version-history":[{"count":2,"href":"http:\/\/www.globaltalenthq.com\/index.php\/wp-json\/wp\/v2\/posts\/4891\/revisions"}],"predecessor-version":[{"id":4896,"href":"http:\/\/www.globaltalenthq.com\/index.php\/wp-json\/wp\/v2\/posts\/4891\/revisions\/4896"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.globaltalenthq.com\/index.php\/wp-json\/wp\/v2\/media\/4894"}],"wp:attachment":[{"href":"http:\/\/www.globaltalenthq.com\/index.php\/wp-json\/wp\/v2\/media?parent=4891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.globaltalenthq.com\/index.php\/wp-json\/wp\/v2\/categories?post=4891"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.globaltalenthq.com\/index.php\/wp-json\/wp\/v2\/tags?post=4891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}