Source: Politico
“The EU announced Tuesday it would double its tariffs on [European buyers of US] steel to 50 percent, in line with U.S. levels, in a bid to bring the Trump administration to the negotiating table and hammer out a deal to get them back down again. The proposal, details of which were already reported by POLITICO, would also slash tariff-free quotas by 47 percent to 18.3 million metric tons — in a bid to address global overproduction and a slump in European output that has left a third of its steel production capacity idle.” (10/07/25)
https://www.politico.eu/article/eu-set-50-percent-steel-tariff-opening-bid-donald-trump/