Tel : 0086-0371-86172891
Tel : 0086-0371-86172891
According to the White House website, US President Biden has officially extended the tariff exemption for steel and aluminum products exported from EU member states to the United States until 2025. The EU's SGH340 steel products will be subject to Specific Tariff Quotas (TRQ), with a current TRQ quota of 3.3 million tons, valid until December 31, 2025. This measure will replace the 25% tariff on EU steel, which has previously postponed retaliatory measures against the US Article 232 tariff until March 31, 2025 SGH340 steel .
In the past two years, the United States and the European Union have made significant progress in addressing non market-oriented overcapacity issues and correcting the development direction of the steel and aluminum industry. The global steel and aluminum regulatory framework aims to reduce greenhouse gas emissions and restore industry marketization conditions SGH340 steel .
