Changes in US steel tariffs disappoint Europeans

The industrialists Europeans This Friday they expressed their discontent with the modification made by the government of the American president, Donald Trump to tariffs on products containing steel y aluminum.

The European sectors of steel and from aluminum they carry subjected a duty of 50% from last year and the changes introduced by Trump The decrees signed on Thursday do not benefit them as much as they would like.

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According to the modifications announced by the White Houseproducts manufactured entirely or almost entirely with these materials, such as coils or sheets, will be subject to a fixed tariff of 50% on their total value.

On the other hand, imported goods that contain a substantial amount of these three metals will be subject to a 25% tariff.

Los tariff adjustments “They constitute an advance but in reality they change very little,” commented Axel Eggert, general director of Euroferthe professional organization of the European steel sector.

According to him, despite the announced changes, the 50% levy “remains in effect” in practice, resulting in “continued disruptions, growing uncertainty and additional pressure on the entire value chain.”

Asked about the AFPthe Commission European He said that he “takes note of the announcement” and will analyze its repercussions for exports Europeanswhich affect numerous sectors, from cans of drink even the machines, the equipment agricultural and vehicles.

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On Thursday, just one year after the announcement of its global levies, Trump also imposed new taxes about a series of medicines imported.

European manufacturers of medicines are exempt from these measures, by virtue of the trade agreement reached between Washington y Brusselswhich limits the rates on most European products imported to 15% USA.

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