Special Report: Thyssenkrupp, Voestalpine set to gain from sweeping US-EU steel and aluminum deal — Panjiva
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Special Report: Thyssenkrupp, Voestalpine set to gain from sweeping US-EU steel and aluminum deal

Canada 473 European Union 778 G20 32 Materials - Metals/Mining 711 Metals - Aluminum 229 Metals - Steel 482 Mexico 843 Tariffs 1770 Trade Deals 979 U.S. 5221

The U.S. and the EU have announced an agreement to partially lift the Section 232 “national security” tariffs on steel and aluminum. The breakthrough came right at the deadline set by the EU, thus preventing an increase in retaliatory tariffs on U.S. goods that was set to go into effect in December. The deal transitions the Section 232 tariffs, which have been in force since 2018, into a tariff rate quota scheme that lifts a large part of the burden on EU exporters of those metals. It may also serve to head off further confrontation with the EU and possibly with the World Trade Organizat...

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