President Joe Biden announced the extension of the suspension of tariffs on European Union steel and aluminum for an additional two years. This move continues the agreement initially set in January 2022, aiming to foster ongoing negotiations focusing on global overcapacity and the promotion of low-carbon production in these industries.
The original suspension replaced the tariffs implemented by former President Donald Trump, which included a 25% tariff on EU steel and 10% on EU aluminum, with a tariff rate quota (TRQ) system
This item is available in full to subscribers.
To continue reading, you will need to either log in to your subscriber account, below, or purchase a new subscription.
If you are a current subscriber, and had an account on our previous site, you already have an account. If you have not yet logged into our new site, click here to reset your password.
Otherwise, click here to view your options for subscribing.
Please log in to continue |
