Ezz_steel1
Arab Steel Summit
kuwait_steel1
imatal4
Ezz_Web_Banner_Side_280x200
qatar_steel2
Slide
Arab Steel Summit
Kallanish3_23_2
Arab Steel Summit

US and European Union are considering imposing new tariffs on Chinese steel and aluminum

A US agency revealed that the United States and the European Union are considering imposing new tariffs on Chinese steel and aluminum as part of the fight against carbon dioxide emissions

Bloomberg reported, citing sources familiar with the situation, that the idea originated in the administration of US President Joe Biden, but it is still at an early stage and has not been officially presented as a proposal.

According to the source, there is difficulty in reaching an agreement with the European Union before the end of next year, as it was noted that it targets China, the world’s largest carbon emitter and producer of steel and aluminum in addition to other major polluting countries.

The agency said the tariff plan is likely to exacerbate differences between Beijing and Washington, especially given the fact that both countries have pledged to work together to combat climate change.

The agency indicated that negotiations between the United States and the European Union to resolve the climate crisis are a positive sign for relations between the two parties against the background of the conflict that arose due to Washington’s measures to combat inflation, stressing that several other countries have expressed interest in joining the talks. Yet it is unlikely they will be able to join the initiative immediately.

Twitter
Facebook

Related News

Ezz-780-1
kuwit-steel3
mih-1
Arab Steel Summit

Latest News

Arab Iron and Steel Union

لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.

Information

92 Members

28 Board of Directors

17 Country

300.000 Employees

Subscribe Newsletter

Contact us

General Secretariat
Tel +21323304221 Fax +21323304254
Mail: relex@solbarab.org

Cairo Regional Office
Tel +20233356219 Fax +20233374790
Mail: aisucairo@solbarab.org