{"id":477301,"date":"2025-10-06T03:43:26","date_gmt":"2025-10-06T03:43:26","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/477301\/"},"modified":"2025-10-06T03:43:26","modified_gmt":"2025-10-06T03:43:26","slug":"eu-steel-protections-are-poised-to-pummel-british-industry-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/477301\/","title":{"rendered":"EU steel protections are poised to pummel British industry \u2013 POLITICO"},"content":{"rendered":"<p>The moves echo a <a href=\"https:\/\/www.eurofer.eu\/press-releases\/frances-initiative-backed-by-strong-member-state-support-paves-the-way-for-a-much-needed-highly-effective-eu-trade-measure-says-eurofer\" target=\"_blank\" rel=\"noopener\">French proposal<\/a> backed in July by Europe\u2019s steel lobby EUROFER and 11 EU nations, including Spain and Italy. That plan proposed slashing the bloc\u2019s current steel safeguard quotas by 40 percent to 50 percent. Imports exceeding the quotas would catch a 50 percent tariff.<\/p>\n<p>\u201cAs a non-EU country, we will worry about this more than the U.S. tariffs,\u201d said a British steel exporter, granted anonymity to speak candidly about commercially sensitive matters. The EU measures \u201cwould affect us directly and in terms of trade diversions,\u201d they said, pointing to the further impact of exports diverted to the U.K. by Brussels\u2019 new protections.<\/p>\n<p>\u201cWe are deeply concerned by reports that the European Commission is considering significant reductions to steel safeguard quotas,\u201d said Lisa Coulson, chief commercial officer of British Steel. \u201cSuch measures would risk shutting British producers out of our largest export market at a time when the sector is already contending with 25 percent tariffs in the United States.\u201d<\/p>\n<p>\u2018Panic stations\u2019<\/p>\n<p>Some 1.9 million of the 4 million tons of steel Britain manufactures annually goes to the EU. The U.S., by comparison, imports just 200,000 tons of British steel.<\/p>\n<p>\u201cIn the case of steel, what the EU is going to do is very, very important,\u201d said Carmen Suarez, co-CEO of the Trade Remedies Authority, Britain\u2019s trade watchdog, adding the proposal will be \u201cwatched by many with lots of interest\u201d in Britain\u2019s steel industry and Department for Business and Trade.<\/p>\n<p>The EU\u2019s proposals threaten to have a devastating impact on Britain\u2019s steel industry. Alongside Trump\u2019s tariffs, the sector has been rocked by bankruptcies and the failure of British Steel this year, requiring the government to seize emergency control of its operations.<\/p>\n","protected":false},"excerpt":{"rendered":"The moves echo a French proposal backed in July by Europe\u2019s steel lobby EUROFER and 11 EU nations,&hellip;\n","protected":false},"author":2,"featured_media":477302,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5018,3,4],"tags":[748,32,393,4884,1216,1144,712,1218,99198,479,16,15,1764],"class_list":{"0":"post-477301","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-britain","8":"category-uk","9":"category-united-kingdom","10":"tag-britain","11":"tag-donald-trump","12":"tag-england","13":"tag-great-britain","14":"tag-maros-sefcovic","15":"tag-northern-ireland","16":"tag-scotland","17":"tag-steel","18":"tag-steeltariffs","19":"tag-tariffs","20":"tag-uk","21":"tag-united-kingdom","22":"tag-wales"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115325160916442612","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/477301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=477301"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/477301\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/477302"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=477301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=477301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=477301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}