CECE joins transatlantic call for end to EU/US steel tariffs

CECE (the Committee for European Construction Equipment) has joined a wide range of industry bodies to send an open letter to US and European Union leaders, urging them to permanently end their dispute related to steel, aluminium and large aircraft manufacture.

Steel mill The steel disput between the EU and US remains unresolved. Photo: Adobe Stock

A cessation of tariffs on steel and aluminium – which were first imposed on both sides in 2018 – is due to end, in some cases as early as 1 January, 2024, causing significant levels of uncertainty and instability, even in unrelated industries.

The open letter, signed by almost 90 associations – and from sectors as diverse as footwear manufacture, fruit growing, dairy trade and construction – did applaud both sides for reaching an agreement in 2021, which paused tariffs and supported businesses as they recovered from the Covid epidemic.

Call for further talks

At the same time, the signatories highlighted the damaging effect the reimposition of tariffs that could total more than €1.3 million ($1.43 million) will have, if no new agreement can be found before the 1 January deadline.

In the large civil aircraft dispute, tariffs would return in June 2026 without a similar agreement.

The signatories called on both sides to come to the table and agree a further suspension of the tariffs, if a permanent resolution cannot be found at this time.

The full statement and list of signatories can be downloaded below.

Supporting documents

Click links below to download and view individual files.

 
Joint Transatlantic Industry Statement - EU-US tariffs coalition (1).pdf Joint transatlantic inustry statement Size: 254.8 KB Click to download
MAGAZINE
NEWSLETTER
Delivered directly to your inbox, CompressorTech² News features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Westwood: Energy transition strategies affecting drilling
High Impact exploration average discovery size declines, finding costs increase
TotalEnergies, Air Products in hydrogen deal
15-year agreement to start in 2030
TotalEnergies adds LNG contracts in Asia
Medium- and long-term contracts