Three weeks into the EU’s 50 percent out-of-quota steel duty, exporters from Tokyo to Seoul are counting the cost, importers are racing quota clocks, and Beijing is warning of a response International Trade Desk, Peacock Tariff Consulting | July 21, 2026 BRUSSELS, July 21, 2026: Three weeks after the European Union switched on the most…

On 3 June 2026, reporting from Brussels confirmed what European industry had been bracing for through a long, anxious spring: the European Union is preparing to warn its own citizens and companies that a trade conflict with China is now the most likely path forward. After a closed-door meeting of senior Commission officials, the message…