MEPs in Brussels agreed on May 19 to slash the EU’s tariff-free steel imports to 18.3 million metric tons per year — a 47% reduction from what is currently allowed — starting in July 2026.

The European Parliament gave its final approval Tuesday to double tariffs on foreign steel in a bid to protect the EU's beleaguered industry from cheap Chinese exports.

MEPs in Brussels agreed on May 19 to slash the EU’s tariff-free steel imports to 18.3 million metric tons per year — a 47% reduction from what is currently allowed — starting in…