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US, EU end dispute over steel & aluminum tariffs

The US and EU have reached a deal to end a long-standing dispute over steel and aluminum tariffs set by former US President Donald Trump, European Commission President Ursula von der Leyen announced at the G20 Summit in Rome.

According to US Commerce Secretary Gina Raimondo, the new agreement will allow “a limited amount of steel and aluminum from the EU to be imported into the US duty-free,” while maintaining tariffs of 25% on steel and 10% on aluminum for some imports.

Officials did not specify the volume of duty-free metals to be allowed into the US under the new deal, but Reuters sources claimed that annual volumes below 3.3 million tons would be freed from tariffs.

 

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About AISU

Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

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92 Members

28 Board of Directors

17 Country

300.000 Employees

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