With an agri-food trade value of €255 billion in 2017, the EU confirms for yet another year its position as largest global exporter and importer of agri-food products.
The College of Commissioners endorsed today the decision to impose additional duties on the full list of US products notified to the World Trade Organisation (WTO), as part of the EU’s response to the US tariffs on steel and aluminium products.
Brussels, 31 May 2018 – European Aluminium regrets the U.S. decision to impose a 10% tariff on aluminium products from Europe starting from 1 June 2018. The European aluminium industry rejects the assumption that its exports are a threat to U.S. national security and calls on the EU to launch a WTO trade dispute over the unjustified measures.
The US announced that starting on 1 June 2018 it will impose additional duties of 25 % and 10 % respectively on imports of steel and aluminium from the EU. The list of imports is also available.
At the sidelines of the Ministerial meetings during the Organisation for Economic Co-operation and Development (OECD) Week in Paris, EU Trade Commissioner Cecilia Malmström met with Hiroshige Sekō, Minister of Economy, Trade and Industry of Japan, and with US Trade Representative Robert Lighthizer.
Speaking at a European Parliament plenary debate in Strasbourg, ahead of the deadline for EU exemptions from US punitive tariffs on steel and aluminium this Friday (June 1), the Socialists and Democrats reiterated their call on the EU to stand firm and not to negotiate under pressure and to protect European workers.
The European Parliament will this evening hold two key debates on trade – on President Trump’s trade tariffs and the EU’s new anti-dumping legislation, which is due to be voted on tomorrow. The Trump administration is due to make a final decision on tariffs for steel and aluminium from the European Union on 1 June.
Brussels, 28 May 2018, European Round Table of Industrialists.