EU and US suspend steel and aluminium trade disputes-- EU and US start discussions on a Global Arrangement on Sustainable Steel and Aluminium

摘要

EU Commission President Ursula von der Leyen and US President Joe Biden have started discussions on a Global Arrangement on Sustainable Steel and Aluminium. This marks a new chapter in the transatlantic relationship, and in EU-US efforts to achieve the decarbonisation of the global steel and aluminium industries in the fight against climate change. The two Presidents also agreed to pause the bilateral World Trade Organization disputes on steel and aluminium. “This builds on our recent successes in rebooting the transatlantic trade relationship, such as the launch of the EU-US Trade and Technology Council and the suspension of tariffs in the Boeing-Airbus disputes,” the EU Commission stated on the sidelines of the G20 summit in Rome on 31 October.