ShippingWatch

EU braces for Trump broadside as steel tariff deadline looms

The EU us preparing for a trade offensive from the US amid a report that President Trump is about to impose tariffs on steel and aluminum imported from the bloc.

Photo: Bloomberg

The European Union is bracing for a trade offensive from President Donald Trump, amid a report the US is poised to impose tariffs on steel and aluminum from the bloc.

Trump slapped 25 percent tariffs on imported steel and 10 percent on aluminum in March, but granted reprieve to the EU, Canada and Mexico until June 1 for further talks to take place. At meetings in Paris this week, EU leaders are staging a last-ditch attempt to convince US Commerce Secretary Wilbur Ross for extended relief from the duties.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Growth prompts OSM to send 150 managers on a leadership course

An equal approach to management and a desire to be more aligned are some of the reasons why OSM is sending both top and mid-level managers on a custom-made leadership course. ShippingWatch has spoken to OSM’s new chief culture officer about the initiative.

MSC, Lufthansa mull acquiring Italian state aviation firm

The world’s largest container line, MSC, and German aviation company Lufthansa have offered to take over Italian state airline ITA, the former Alitalia. MSC and Lufthansa have requested a 90-day exclusivity period to closely examine ITA.

Further reading

Related articles

Latest news

See all jobs