Overview
- London is lobbying Brussels to create a Western “steel club” that aligns tariff policies and grants preferential access, with potential U.S. involvement still under discussion.
- The European Commission has proposed doubling standard steel tariffs to 50% and cutting duty‑free quotas by nearly half, with measures due to start next June.
- EU sources say talks with the UK will be fast‑tracked, but expectations are being set for tariff‑free quotas instead of a blanket waiver.
- Britain’s steelmakers warn of job and supply‑chain risks because the EU is their biggest market, and they seek sufficient quota volumes and carve‑outs for specialist products.
- The UK and EU have already agreed to align upcoming carbon import taxes, and U.S. Trade Representative Jamieson Greer has urged stronger coordination against Chinese overcapacity.