LONDON — Britain is pushing to form a Western alliance with the EU to curb China’s dominance in the global steel market, multiple figures familiar with the talks told POLITICO.
The hope in London is that a coordinated approach could help the U.K. dodge the new tariffs Brussels plans to impose — a 50 percent duty aimed at shielding EU producers from China’s industrial overproduction.
Britain, which finds itself at the mercy of EU trade action post-Brexit, is currently seeking carve-outs from those measures.
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The idea under consideration is for the U.K. and EU to form a Western steel alliance — potentially including Washington — that would align tariff policies and grant members preferential tariffs on steel trade.
