1 day ago · The United States' suspension of tariffs amounted to a quota of 3.3 million metric tons of steel and 384,000 tonnes of aluminium from EU producers, based on historical averages.

21 hours ago · “The EU will act to safeguard its economic interests,” von der Leyen said in a statement in reaction to U.S. President Donald Trump’s imposition of tariffs on steel and aluminum on Monday. “Tariffs are taxes — bad for business, worse for consumers,” von der Leyen said. “Unjustified tariffs on the EU will not go unanswered — they ...

16 hours ago · European leaders vowed on Tuesday to retaliate after President Trump announced that he would raise tariffs on aluminum and steel to 25 percent, even as they held out hope for a potential deal that ...

20 hours ago · The EU steel industry is already shrinking, with production hitting its lowest level in 2023. The tariffs on exports of about 3.7mn tonnes a year will hit it hard, said Axel Eggert, director ...

Jun 25, 2024 · The European Commission published today an implementing regulation confirming the extension of the current steel safeguard measure for two more years, until June 2026. The regulation also adjusts the functioning of the measure, to adapt it to market conditions.

Dec 28, 2023 · U.S. President Joe Biden on Thursday extended the suspension of tariffs on European Union steel and aluminum for two years to continue negotiations on measures to address overcapacity and...

Nov 12, 2021 · Effective January 1, 2022, the EU may export tariff-free 3.3 million tons of steel, 18 thousand metric tons (TMT) for unwrought aluminum, and 366 TMT for semi-finished (wrought) aluminum. Any exports above those levels will be subject to …

Dec 19, 2023 · US tariffs on steel and aluminium and the EU's retaliation on goods including motorcycles and whisky will be suspended until the end of March 2025. They were originally imposed when Donald...

The European Union has today announced its decision to extend until 31 March 2025 the suspension of its rebalancing tariffs on US products in the context of the steel and aluminium dispute.

The following general principles will guide future U.S.-EU cooperation: Replacement of Section 232 tariffs with tariff-rate quota (TRQ). The United States will replace the existing tariffs on EU steel and aluminum products under Section 232 with a TRQ under Section 232.