Brussels, 22 March 2018 – The US announcement to temporarily exempt Europe from the aluminium tariffs is a positive first step but insufficient to dissipate uncertainty and negative impacts in our industry, says European Aluminium, the voice of the entire aluminium value chain. The leading trade association applauds EU Trade Commissioner Cecilia Malmström’s efforts to reach a solid deal with the US.
European Aluminium applauds EU Trade Commissioner Cecilia Malmström’s statements concerning the potential US tariffs against all aluminium products from Europe. The association representing the entire aluminium value chain with more than 600 plants all across Europe encourages the executive body to take the necessary actions to fight for European jobs by applying WTO-compatible tools.
The Council increased the restrictive measures against the Democratic People’s Republic of Korea (DPRK) by finalising the transposition into EU law of the measures imposed by the latest UN Security Council resolution 2397 (2017).
Whilst reviewing the report released by the US Department of Commerce (DoC) on the effect of imports of aluminium on national security, European Aluminium reconfirms its belief that the root cause of the main challenges faced by the aluminium industry is global excess capacity, in particular in China. Potential measures should address these imbalances without distorting global trade flows and interfering with the current trading relationship between the United States and Europe.
The Commission today imposed definitive anti-dumping duties on corrosion resistant steel from China.