The China Chamber of Commerce to the EU (CCCEU) warned that the European Commission’s new steel import restrictions could destabilize international supply chains. The chamber highlighted that these steel import restrictions risk fragmenting global steel trade and creating uncertainty for downstream industries.
The CCCEU issued its statement on Wednesday through its WeChat account, responding to the European Commission’s proposal to double tariffs on steel imports beyond a reduced quota. The quota is set to shrink by about 45 percent, signaling a major tightening of trade access.
The chamber emphasized that while the EU frames the measures as defensive safeguards, they are, in effect, protectionist steps. According to the CCCEU, these steel import restrictions could significantly impact automotive, machinery, and construction industries across Europe.
Although China’s steel exports to the EU represent only a small fraction of global shipments, the chamber warned that such measures signal an increasing trend of trade protectionism within the EU market. The CCCEU noted that this trend conflicts with the EU’s commitment to open, rules-based trade.
The chamber called on the EU to conduct a thorough impact assessment of the proposed measures. It highlighted the positive role Chinese steel enterprises play in supporting European manufacturing competitiveness and green transition projects. In addition, the CCCEU urged the EU to uphold multilateral trade principles and avoid further escalating trade restrictions.
Experts say that unilateral actions like these steel import restrictions risk creating ripple effects throughout international supply chains. They also warn that such moves may provoke trade tensions, potentially affecting global steel prices and investment decisions.
The CCCEU encouraged the EU to maintain a transparent and predictable business environment for all companies operating in Europe, including Chinese enterprises. Stability in regulations, they argued, is critical for sustaining long-term investment and cross-border industrial cooperation.
Looking ahead, analysts suggest that if the EU enacts these steel import restrictions, other countries may respond with countermeasures. Consequently, this could create a cycle of trade barriers that undermines global economic growth. The CCCEU reaffirmed its commitment to dialogue and collaboration, hoping to prevent further escalation.
Overall, the CCCEU’s response underscores the broader implications of trade protectionism. Steel import restrictions, they stressed, not only affect bilateral relations but also threaten the stability and predictability of international trade.
