The European Union is concerned that time is running out for the United States to remove tariffs imposed by former President Donald Trump on steel and aluminium, a senior EU trade official said on Thursday.
Citing U.S. national security grounds the Trump administration in 2018 imposed tariffs of 25% on EU steel and 10% on aluminium - measures that steelmakers such as Thyssenkrupp (TKAG.DE) and Voestalpine (VOES.VI) have said they were affected by.
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Time running out to resolve U.S. metal tariffs dispute, EU official says | Reuters
Showing posts with label tarrifs. Show all posts
Showing posts with label tarrifs. Show all posts
4/15/21
10/4/11
China lashes out against U.S. bill aimed at currency manipulators
China on Tuesday blasted a proposed U.S. bill that would punish countries for undervaluing their currency by saying it would undermine the global economy and potentially lead to a trade war.
China’s central bank and ministries of commerce and foreign affairs released separate statements criticizing the bill, which is being championed by Democratic lawmakers who hope to protect U.S. jobs by slapping tariffs on Chinese imports.
Such a move “seriously violates rules of the World Trade Organization and obstructs China-U.S. trade ties,” said Foreign Ministry spokesman Ma Zhaoxu in a statement posted on the Chinese government’s official website.
For more: China lashes out against U.S. bill aimed at currency manipulators - latimes.com
China’s central bank and ministries of commerce and foreign affairs released separate statements criticizing the bill, which is being championed by Democratic lawmakers who hope to protect U.S. jobs by slapping tariffs on Chinese imports.
Such a move “seriously violates rules of the World Trade Organization and obstructs China-U.S. trade ties,” said Foreign Ministry spokesman Ma Zhaoxu in a statement posted on the Chinese government’s official website.
For more: China lashes out against U.S. bill aimed at currency manipulators - latimes.com
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