The EU Is Desperately Seeking For Independence from the US

The European Union will step up protection of its steel industry, as it tries to shield a sector that’s crucial for defense from tariffs, cheap imports and high energy prices.

The European Commission, the bloc’s executive branch, presented an action plan for steel on Wednesday. In the third quarter, it will propose a long-term replacement for its steel safeguard measure — effectively a quota system — that expires next year. The commission will also examine whether to take similar measures for the aluminum sector.

The EU is bolstering protections for steel as the bloc steps up its defense capabilities, after Trump indicated that he’ll pare back the US’s traditional security arrangement with Europe.

A battle tank for example, needs 50 to 60 tons of high-quality steel, while a fighter jet requires 10 tons of aluminum.

“The steel industry has always been a core engine for European prosperity,”

said Ursula von der Leyen, president of the commission.

“That means we have to help our steelmakers who are facing strong headwinds on the global market.”

Even before those tariffs, Europe’s steel and aluminum industries were struggling to compete in the global market due to high energy prices and Chinese overcapacity.

While domestic steel production could meet the bulk of the EU’s needs, production of other metals like aluminum and nickel fall well short.

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