The EU has rejected a US solution to end steel and aluminium tariffs
June 30, 2023
According to the Financial Times, the European Union has rejected a solution proposed by the United States to end the steel and aluminum tariffs. The two sides suspended the tariff war triggered by measures taken by former US President Donald Trump in 2021, but must reach a binding agreement on a new "green steel" club by October this year. The EU believes the proposed U.S. settlement could violate World Trade Organization rules because it discriminates against domestic producers, officials familiar with the matter said.
