Steel Tariffs and Quotas: Is the EU Opening Pandora's Box?6 October 2025 – When rumours about new tariffs emerge, we generally prefer to stick to established facts – and if necessary, put those facts into proper perspective based on what is being rumoured. So, based on the current chatter, let’s look at what could actually be coming. A preliminary conclusion: if things turn out as reported, it will become very expensive for the European Union. Source