Rep. Steube Joins Stop EU Overreach Act as a Co-Lead to Protect American Businesses from EU Regulatory Mandates
WASHINGTON–U.S. Representative Greg Steube (R-Fla.) today joined Rep. Craig Goldman (R-Texas) and Rep. Jodey Arrington (R-Texas) to introduce the Stop EU Overreach Act, legislation that directs the U.S. Trade Representative (USTR) to launch a Section 301 investigation into European Union (EU) sustainability mandates with extraterritorial reach that could impose more than $1 trillion in compliance costs on American businesses. The bill’s current cosponsors include Reps. Gus Bilirakis (R-Fla.), Randy Weber (R-Texas), Warren Davidson (R-Ohio), and Buddy Carter (R-Ga.). The Small Business and Entrepreneurship Council endorsed the legislation.
“American companies should answer to American law, not to bureaucrats in Brussels,” said Rep. Steube. “The EU is trying to export its regulatory agenda onto our farmers, manufacturers, and small businesses through the back door, and it’s going to cost them billions of dollars they don’t have to spend. I’m leading this fight to put American businesses first.”
“The EU’s extreme, green energy mandates don’t just threaten to impose over a trillion dollars in compliance costs on American businesses; they’re also a clear challenge to America’s sovereignty,” said Rep. Goldman. “I’m incredibly appreciative of Congressman Steube’s leadership on this issue and his support for the Stop EU Overreach Act. Together, we’ll work to defend American businesses and workers from the EU’s costly regulations.”
The Stop EU Overreach Act would direct the USTR to determine whether the EU’s Corporate Sustainability Due Diligence Directive (CS3D), Corporate Sustainability Reporting Directive (CSRD), Deforestation Regulation (EUDR), and Carbon Border Adjustment Mechanism (CBAM) constitute an unreasonable or discriminatory trade practice burdening U.S. commerce. If the USTR makes an affirmative determination, the bill requires the USTR to consider appropriate Section 301 remedies and report its findings to the House Ways and Means and Senate Finance Committees.
A Hudson Institute study found that the CS3D alone could impose between $637 billion and $1.093 trillion in initial compliance costs on U.S. businesses, with recurring annual costs of up to $43 billion when implicit costs are included, a burden comparable to what U.S. firms currently pay across all domestic environmental and financial regulation combined. House Energy and Commerce, Financial Services, and Judiciary Committee chairmen cited the study in a June 25, 2026, letter opposing the EU’s regulatory crackdown on American companies.
The full text of the Stop EU Overreach Act is available here.
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