Donald Trump: 25% tariffs on steel do not affect “friendly” countries. The European Union is one of Trump’s “friendly” countries and is therefore excluded from protectionist policies on steel imports, policies that have instead heaped another $60 billion in trade sanctions on China. It is highly likely that Trump’s choice implies an expectation of “reciprocity” […]
Eurofer: the European Union response “We will not allow Donald Trump to snatch away the recovery we have been chasing for so long” …is the statement by Van Poelvoorde, Eurofer president and CEO of ArcelorMittal Europe. While Eurofer’s intention to pursue the path of negotiation to the end remains firm, it is necessary to focus […]
US tariffs: Donald Trump announces the go-ahead and chaos ensues in the US government! Leaders of the Republican Party and the business community in general are working on campaigns and counteractions to neutralise Trump’s decisions. The US government asset is not so homogeneous about Donald Trump’s proposed US tariffs on steel and aluminium, but for […]