EU Imposes Safeguard Measures on Steel Imports

The European Union has initiated new safeguard measures on steel imports to replace provisional ones introduced in July 2018. The measures are designed to protect the steel industry in the EU from excessive imports diverted there as a result of the Section 232 tariffs in the United States.

An investigation into the potential increase of imports to the EU as a result of steel tariffs imposed by the U.S. under Section 232 concluded that an increased threat of injury exists to the European steel industry. The measures cover 26 product categories and consist of quotas, based on historical imports, which are subject to a duty of 25 percent when exceeded. The measures will remain in effect for three years, applied over three periods, and expire June 30, 2022. The safeguard measures will be reviewed by the Commission if trade conditions change.