EU will solve the steel problem in the USA by the end of the year

According to the European Commission Vice President Vera Jourova's statement, it was stated that the European Commission aims to reach an agreement with the USA on steel and aluminum by the end of the year in order to definitively end the customs duties imposed by the USA on metals.

10.11.2023 - 08:30 Last Update : 10.11.2023 - 10:09

EU will solve the steel problem in the USA by the end of the year

Previously, Biden suspended the customs duties imposed by former USA President Donald Trump on steel and aluminum in the EU in 2018, on the condition that an agreement was reached by the end of October.

The summit, held on October 20, failed to reach a conclusion on measures to address overcapacity in non-market economies and promote green steel.

Iron and Steel Markets

EU will solve the steel problem in the USA by the end of the year

According to the European Commission Vice President Vera Jourova's statement, it was stated that the European Commission aims to reach an agreement with the USA on steel and aluminum by the end of the year in order to definitively end the customs duties imposed by the USA on metals.

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