steel

Published on
22/04/2026 – 8:00 GMT+2

EU Trade Chief Maroš Šefčovič is visiting the US on Thursday and Friday in a bid to unlock negotiations over EU steel and aluminium exports still hit by the 50% US tariffs imposed by US President Donald Trump shortly after his return to power last year.

ADVERTISEMENT

ADVERTISEMENT

Scrapping those tariffs was part of the EU-US trade deal struck in July 2025, which included commitments to discuss quota arrangements for steel and aluminium to replace the 50% duties.

However implementation of the broader accord — including cuts to EU tariffs on US industrial goods — has been delayed by MEPs, effectively stalling talks on metals.

Taking stock

European Commission Deputy Chief Spokesperson Olof Gill said on Tuesday that the trip will be an “opportunity to take stock of the broad sweep of EU/US trade deal and investment relations”.

He added that the focus will be on where both sides “stand” on the implementation of their “respective commitments” under the deal.

Resolving issues over the trade of steel and aluminium will be top of the agenda, Euronews has learned.

The agreement was clinched in summer 2025 in Turnberry, Scotland, by Commission President Ursula von der Leyen and Trump after weeks of trade tensions, during which Šefčovič made repeated trips to Washington to defuse the dispute and avert steeper tariffs.

The Commission ultimately accepted 15% duties on European exports to the US in a deal widely seen as unbalanced in Europe. The agreement is now under discussion among EU countries and MEPs before full implementation.

Šefčovič’s visit will be his first since the Turnberry accord. The deal has since been frozen several times by EU lawmakers following fresh tariff threats by Trump over Greenland.

A ruling by the US Supreme Court also reshuffled the deck, finding that most US tariffs imposed in 2025 were illegal. In the days following, the White House shifted legal grounds to maintain tariffs as part of its nationalist ‘America First’ trade agenda. However, those measures are set to expire in July, after which they will require approval from US Congress.

Pressure points

In the coming days, Šefčovič aims to ensure the US sticks to the agreed 15% tariffs. His agenda includes meetings with US Trade Representative Jamieson Greer, US Commerce Secretary Howard Lutnick and US Treasury Secretary Scott Bessent. He will also head to Capitol Hill to meet members of the US Congress.

Washington has also tied the removal of steel and aluminium tariffs to EU moves to relax digital rules it sees as targeting US Big Tech firms.

While the Commission has always defended its sovereign right to legislate — insisting rules are applied without discrimination — discussions on setting up an EU-US forum on digital issues have recently surfaced.

Whether that still-vague concession will be enough to secure US movement on metals remains to be seen.

U.S. President Donald Trump has nominated a former Korean American congresswoman as the United States’ top envoy to South Korea, a presidential nomination document showed Monday.

Trump tapped Michelle Park Steel, a former two-term Republican lawmaker from California, as the U.S. ambassador to South Korea — a post that has been left vacant since former Ambassador Philip Goldberg left South Korea in January last year.

The nomination came as Seoul and Washington face a series of joint tasks, including “modernizing” the bilateral alliance, addressing trade and investment issues, and cooperating on regional and global challenges, including North Korean threats and the Middle East conflict.

If confirmed by the Senate, Steel is expected to help enhance communication between the two allies following more than a yearlong vacancy in the ambassadorial post.

After Goldberg left the post, Joseph Yun, former special representative for North Korea policy, served as acting ambassador, followed by Kevin Kim, former deputy assistant secretary at the State Department’s Bureau of East Asian and Pacific Affairs.

Steel, if confirmed, would become the second Korean American to serve as U.S. ambassador to South Korea, following former Ambassador Sung Kim, who served in Seoul as ambassador from 2011-2014.

Since Trump took office in January last year, Steel has frequently been bandied about as one of the strongest candidates for the ambassador post. She has reportedly gained strong support from former and current Republican grandees, such as House Speaker Mike Johnson.

During Trump’s first term, she served as part of the President’s Advisory Commission on Asian Americans and Pacific Islanders.

She was first elected to the House in 2020 and then reelected in 2022. She lost to her Democratic rival by a small margin in the 2024 general election.

In a social media post ahead of the 2024 vote, Trump gave Steel his “complete and total” endorsement, casting her as one of the “strongest congresswomen” in the country and an “America First Patriot whose family bravely fled Communism.”

During her time in Congress, she was active in pushing for legislation to address the issue of Korean Americans who have been separated from their relatives in North Korea in the wake of the 1950-53 Korean War.

She previously served as a member of the Orange County Board of Supervisors and the California State Board of Equalization.

Her husband is Shawn Steel, an attorney who served as the California Republican Party chairman from 2001 to 2003. He has been the Republican National Committeeman from California since 2008.

Born in Seoul in June 1955, Steel is known to have grown up and studied in South Korea, Japan and the U.S. She speaks fluent Korean.

She earned a bachelor’s degree from Pepperdine University in Malibu, California, and an MBA from the University of Southern California in Los Angeles.

Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.

April 8 (UPI) — On this date in history:

In 1913, the 17th Amendment to the U.S. Constitution was adopted, requiring that U.S. senators be “elected by the people.”

In 1918, actors Douglas Fairbanks and Charlie Chaplin pitch Third Liberty Loan bonds in front of the Sub-Treasury (now Federal Hall National Memorial) in New York City.

In 1935, the U.S. Congress approved the Works Progress Administration, a central part of President Franklin D. Roosevelt’s New Deal.

In 1952, U.S. President Harry Truman ordered government seizure of the steel industry to avoid a general strike.

In 1960, the United States Senate passed the landmark Civil Rights Act of 1960. President Dwight D. Eisenhower would sign it into law on May 6, 1960.

In 1974, Hank Aaron hit his 715th home run, breaking Babe Ruth’s longstanding career record. Aaron played two more seasons, ending with 755 home runs, a total eventually surpassed by Barry Bonds, who had 762.

File Photo by Brian Kersey/UPI

In 1990, Ryan White, who put the face of a child on AIDS, died of complications from the disease at age 18.

In 1992, former tennis great Arthur Ashe confirmed he had AIDS. He said he contracted the disease from a blood transfusion.

In 2005, about 250,000 mourners attended a 3-hour funeral mass for Pope John Paul II in Rome’s St. Peter’s Square while about 1 million others gathered nearby. Among those in attendance were U.S. President George W. Bush and about 100 other world leaders.

File Photo by Tom Theobald/UPI

In 2008, American Airlines grounded all 300 of its MD-80 jetliners after an FAA review found faulty wiring in nine of them. Over the next five days, American canceled about 3,300 flights, disrupting travel of more than 100,000 passengers.

In 2013, Abu Bakr al-Baghdadi announced the merger of the Islamic State of Iraq and the Al-Nusra Front under the name Islamic State of Iraq and ash-Sham, or ISIS.

In 2021, archaeologists announced what they called the most important ancient Egyptian discovery since that of King Tutankhamun’s tomb in 1922 — that of the so-called “Lost Golden City” of Aten.

In 2022, SpaceX made history by launching the first private crew of astronauts to the International Space Station to conduct dozens of science experiments. The Ax-1 mission docked with the ISS the next day.

In 2024, a rare total solar eclipse, the first in seven years and the last in two decades over the continental United States, completed its trek across the sky, viewable throughout North America.

File Photo by Bonnie Cash/UPI

March 20 (Asia Today) — South Korea’s steel industry faces mounting pressure as Britain moves to tighten import restrictions, adding to growing trade barriers in the United States and Europe. Britain said it plans to cut steel import quotas by 60% and raise the tariff on volumes above the quota to 50% from 25%, with the new measures set to take effect July 1.

The tougher British measures have raised concerns about weaker exports and shrinking profitability for South Korean steelmakers. South Korea exported 640,000 metric tons of steel to Britain last year, accounting for 2.3% of its total steel exports, according to the industry ministry.

South Korean companies including POSCO and Hyundai Steel have shipped products such as heavy steel plate to Britain. POSCO said it is reviewing the situation and plans to respond after Britain releases more details on the affected products and volumes. The industry ministry said the move could violate World Trade Organization rules and the Korea-Britain free trade agreement, which provides for tariff-free steel trade, and pledged to work with London to limit damage to Korean companies.

The British action comes as other major markets also harden their trade defenses. The United States raised tariffs on imported steel and aluminum to 50% in June 2025. The European Union is also pursuing a tougher steel regime that would cut tariff-free import volumes by 47% and double out-of-quota duties to 50%.

The broader protectionist shift has already hurt Korean producers. Industry officials say companies are increasingly reliant on government trade talks as barriers rise across major export markets.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260320010006218