EU doubles steel tariffs and cuts duty-free quotas

Exporters must secure quotas or face higher tariffs from July 2026

Change
The EU approved measures doubling steel import tariffs and reducing duty-free quotas by 47%, effective July 2026.
Why it matters
Duty-free access becomes limited and quota-dependent, forcing exporters to secure allocations or incur higher tariff costs.
Implications
  • Export costs rise — competitiveness declines
  • Quota access required — operational complexity increases

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