EU Sets Fourth “Final” Deadline For Trump’s Metals Duties, Raises Stakes — Panjiva
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EU Sets Fourth “Final” Deadline For Trump’s Metals Duties, Raises Stakes

Cons. Discr. - Autos 1175 European Union 822 Industrials - Capital Goods 580 Tariffs 1790 U.S. 5313 WTO 114

The EU Parliament has approved regulations allowing the European Commission to implement retaliatory duties against America’s section 232 duties on steel and aluminum. The EC believes U.S. actions are based on “safeguarding” rather than “national security”, and that in any event two groups of products aren’t even eligible for safeguarding protection under WTO rules. A first group of tariffs will be applied from June 20. That sets an effective fourth deadline (after March 29, May 1 and June 1 set by the U.S.) to reach agreements to avoid the duties. A second round of products may have tar...

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