Trump, Eu and trade ministers
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The U.S. has cited various concerns over the last few years about the potential repercussions of CBAM on the exports of steel and aluminum to Europe. But CBAM actually represents a good deal for the U.S., enabling its steel and aluminum exporters to increase their market share in Europe.
After European Union leaders said they would keep negotiating instead of immediately retaliating against President Trump’s latest threat, businesses remain unable to develop long-term plans.
European recycling organization says low aluminum scrap export volumes from the continent show restricting trade “won’t solve the trade and energy concerns” of European aluminum producers.
President Donald Trump's announcement of 30% tariffs on the European Union will have repercussions for companies and consumers on both sides of the Atlantic.
Europe Aluminum Oxide Market Electronics lead Europe's aluminum oxide market with 6.2% CAGR, driven by rising semiconductor, LED use, and d. Tuesday, 02 January 2024 12:17 GMT.
A critical shortage of aluminum in Europe has sent regional prices spiking, opening opportunities for commodities traders who have seized on a rare profit to be made shipping metal from warehouses ...
But months later, European aluminum companies have yet to feel significant negative impact. Imports have long accounted for the majority of raw aluminum consumed in the U.S.—61% in 2017, ...
The European Union will take its case to the World Trade Organization. The U.S. tariffs are "pure protectionism," Europe's top trade commissioner said as the measures took effect on Friday.
Another European aluminum smelter is closing, in a fresh sign of the damage wrought by an energy crisis that’s hammered the region’s industrial economy and crimped supplies of critical raw ...
European aluminum consumption averaged just over 5.0 million metric tons per year over the 2016-2020 period, according to the EU. Import reliance averaged 56% over the same period, ...