2 days 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.

1 day ago · In response to these measures, the EU imposed a rebalancing tariff from 10% to 50% effective as of June 20, 2018. On October 31, 2021 the EU and the US announced the establishment of a quota-tariff system on imports into the US of EU steel and aluminum products, as a result of which the EU agreed to suspend its tariff increase. That agreement ...

1 day 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 ...

1 day ago · Trump's planned 25% tariffs on steel and aluminum imports would pile on top of other levies on Canadian goods, resulting in a total 50% tariff. ... EU steel exports to the U.S. have averaged about ...

1 day 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 ...

Feb 3, 2025 · Trump Tariffs Live Updates: EU Says It Will Respond To Steel And ...

1 day ago · EU steel exports to the U.S. have averaged about 3 billion euros ($3.10 billion) a year over the past decade. "Unjustified tariffs on the EU will not go unanswered - they will trigger firm and ...

2 days ago · US tariffs are the last thing the EU’s battered steel industry needs. “We are deindustrialising while we are speaking,” industry boss Axel Eggert tells Andy Bounds .

2 days ago · European Commission President Ursula von der Leyen warned "unjustified tariffs on the EU will not go unanswered". ... he announced tariffs of 25% on steel and 15% on aluminium, but he eventually ...

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.