US ELECTIONS: EU, UK steel, aluminum industries eye potential tariffs

Former US President Donald Trump’s election to a second term Nov. 6 has brought the issue of tariff-rate quotas into focus for Europe and the UK’s steel and aluminum industries, with both sectors now likely to be keeping a close eye on potential trade flow changes. In 2018, Trump introduced Section 232 tariffs of 25% and 10% respectively on certain…Former US President Donald Trump’s election to a second term Nov. 6 has brought the issue of tariff-rate quotas into focus for Europe and the UK’s steel and aluminum industries, with both sectors now likely to be keeping a close eye on potential trade flow changes. In 2018, Trump introduced Section 232 tariffs of 25% and 10% respectively on certain…Read More