“Harming a Lot of Industries”: The Wide Net of US Collateral Damage

by admin477351

The collateral damage from the US steel tariff policy is spreading far and wide across the European economy, with a top lawmaker confirming it is “really harming a lot of industries” beyond the primary metals sector. The “derivative” products list has acted like a wide net, catching numerous unintended victims in a dispute they have little to do with.

The motorcycle industry is a prime example of this collateral damage. As MEP Bernd Lange detailed, a German manufacturer is now facing significant costs and administrative headaches not because it produces steel, but because it uses steel to produce a high-value consumer product.

The damage extends across the 407 categories already listed and threatens many more. Wind turbine manufacturers are being hit, potentially slowing the green transition. Crane and bulldozer makers are affected, impacting the construction and logistics sectors. Furniture makers face uncertainty, threatening a design-led industry.

This widespread harm is what makes the current policy so much more dangerous than the original, targeted tariffs. It is not a surgical strike on a single industry but a cluster bomb that is scattering economic shrapnel across the entire manufacturing landscape.

The acknowledgment that “a lot of industries” are being harmed is a crucial turning point. It signals that this is no longer a niche problem for steel lobbyists but a systemic crisis for the European economy as a whole, requiring a broad and comprehensive response.

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