US, EU plan new steel tariffs aimed at China, others - Bloomberg News

In 2021 the two agreed to end the dispute and co-operate on the global arrangement instead. The deal sought to let "limited volumes" of EU-produced metals enter the United States free of duty, while keeping the disputed tariffs.

The United States and the European Union are working on an agreement for new tariffs aimed at excess steel production from China and other countries, Bloomberg News said on Thursday.

The measures would primarily target imports from China that benefit from non-market practices, it said, citing people familiar with the matter. The scope of the measures, covering other countries that could be targeted and the level of the tariffs, are still being discussed, the report said.

The offices of the United States Trade Representative and the European Commission did not immediately respond to a Reuters request for comment. The agreement would be part of the Global Arrangement on Sustainable Steel and Aluminum that the EU and the Biden administration have been negotiating since 2021, the report said.

In 2018, U.S. President Donald Trump imposed duties of 25% on imports of steel and 10% on aluminum imports, so as to shield U.S. producers, sparking a major trade dispute with the EU. In 2021 the two agreed to end the dispute and co-operate on the global arrangement instead.

The deal sought to let "limited volumes" of EU-produced metals enter the United States free of duty, while keeping the disputed tariffs.

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