The European Union has taken new measures to protect its steel industry and curb the flood of low-value e-commerce parcels. The moves escalate its push to rebalance a trade relationship with China that officials now call strategically unsustainable.
The new rules on steel imports will protect EU plants and jobs from "the damaging impacts of global overcapacity," the European Commission said on Tuesday. A day earlier, the commission announced a temporary €3 customs duty on low-value parcels imported from outside the EU. Most of these parcels arrive through e-commerce.
