President Joe Biden has hailed the joint global sustainable steel arrangement between the United States and European Union that would ease some tariffs on steel and aluminum and curb “dirty” Chinese steel imports, calling it a “new era of trans-Atlantic cooperation.” In a joint address at an Oct. 31 press conference in Rome with European Commission President Ursula von der Leyen, Biden called the agreement a “major breakthrough that will address the existential threat of climate change while also protecting American jobs and American industry.” The agreement will immediately remove tariffs in the EU on a range of U.S. products that were enacted during former President Donald Trump’s administration and lower costs to U.S. consumers. It also will ensure “a strong and competitive U.S. steel industry for decades to come” while protecting workers and industry by creating “good-paying union jobs at home,” Biden said. Biden also said the new agreement would “lift up U.S. aluminum and steel” and …
Biden Hails US–EU Arrangement That Will Curb ‘Dirty’ Chinese Steel Imports
November 1, 2021
admin
aluminiumBusiness & EconomyChinaChina Business & EconomyDonald TrumpEconomieseconomyEuropeEuropean UnionExecutive BranchFinance & Business TiesInternationalInternational RelationsJoe BidenPoliticsSpecial TopicssteelUSUS NewsUS-China relationsWorld
0 Comment