protectionism USA/ EU stat

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Last updated 1:54 PM on 6/4/26
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13 Terms

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Developed country

USA China Tariff war on steel

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US job loss in steel industry

Since 1953, US have lost over 500,000 jobs in the steel industry

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Quote trump on his tariff

Tariffs will bring factories and jobs roaring back

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trump steel tariff

50% tariff on Chinese steel imports since June 2025 (up from 25%)

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How many jobs created as a result of tariff

1000 new jobs

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How many job loss as a result of tariff

75,000 in industries that use steel for production in USA

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infant industry in USA

Lithium batteries used in electric vehicles

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China control what % of lithium batteries production

China controls 80% of global output of lithium batteries

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US firm that produce lithium batteries

Dragonfly Energy

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Chinese lithium battery import tariff

65%

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EU steel quotas 2026

Annual tariff free quota of 18.3 million tonnes, reduced by 50% from 2024

Limit steel imports from USA JAPAN CHINA

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Job loss in steel industry EU

100,000 jobs lost since 2008

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Job creation in EU steel as a result of quotas

Preserve 30,000 direct jobs, 200,000 indirect jobs