Based on sources from Politico, according to this agreement, the
The European Union and the United States will cooperate on creating a common customs area that would impose tariffs on steel and aluminum imports from economies such as China, as proposed by the European Commission. European Commission on the EU-US Agreement.
According to Politico sources, the deal would impose tariffs of 25% on steel and 10% on aluminum.
The agreement creates a "club of like-minded economies" and aims to impose tariffs on imports from economies deemed to provide subsidies to key sectors such as steel and clean technology. It is said that
The US and EU are still negotiating plans to create this "global club" as a solution to transatlantic disputes over aluminum and steel. These tensions date back to the era of former US President Donald Trump. In 2018, Trump imposed high tariffs on steel and aluminum imports from around the world, including the European Union, for national security reasons. Earlier this week, EU governments gave the European Commission permission to negotiate a joint statement with the US, but many member states feel "sidelined" from the negotiations, which are largely led by the European Commission. ing. Europe moves forward.
According to Politico sources, the deal would impose tariffs of 25% on steel and 10% on aluminum.
The agreement creates a "club of like-minded economies" and aims to impose tariffs on imports from economies deemed to provide subsidies to key sectors such as steel and clean technology. It is said that
The US and EU are still negotiating plans to create this "global club" as a solution to transatlantic disputes over aluminum and steel. These tensions date back to the era of former US President Donald Trump. In 2018, Trump imposed high tariffs on steel and aluminum imports from around the world, including the European Union, for national security reasons. Earlier this week, EU governments gave the European Commission permission to negotiate a joint statement with the US, but many member states feel "sidelined" from the negotiations, which are largely led by the European Commission. ing. Europe moves forward.
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