The European Commission adopted today the regulation putting in place the EU’s rebalancing measures in response to the US tariffs on steel and aluminium. The measures will immediately target a list of products worth €2.8 billion and will come into effect on Friday 22 June
High Level Forum on State Aid Modernisation, Brussels, 19 June 2018.
Canberra, 18 June 2018.
Brussels, 10 June 2018 – European Aluminium welcomes the G7’s communiqué stressing the “urgent need to avoid excess capacity” in the aluminium sector and the push to develop a stronger international rules on market-distorting industrial subsidies and trade-distorting actions by state-owned enterprises. European Aluminium believes that both the modernisation of international organisations and the creation of a global multilateral and governmental Forum on Aluminium Overcapacity are necessary to prevent damages to its well-integrated value chains.
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.