Orgalime comments following the US decision to impose tariffs on foreign steel and aluminium

Published: 13 April 2018

Policies & Issues: Trade

As strong supporters of the multilateral trade system under World Trade Organisation (WTO) rules and supporters of free trade overall, our industries are very concerned about the recent US decision to impose tariffs on foreign steel and aluminium.

Orgalime supports a constructive and well-balanced use of trade defence instruments. We caution against the hasty use of EU rebalancing measures, which could have potentially counter-productive effects on the global supply chains of the European engineering industry. We therefore ask the European Commission to first carefully investigate whether diversionary effects of goods flows to Europe could actually arise. If so, only targeted and WTO-compliant safeguards should be considered, taking into account the interests of both steel producers and users. In our view, hasty EU rebalancing measures would go against the principle of de-escalation of tensions and would only support the advocates of protectionism.

Download the position paper to read our views in full.

Authors

Selandari
Silvia Selandari
Adviser - Trade & Legal

Related Position Papers

Trade: Letter to the European Commission on the review of the safeguard measures against imports of certain steel products [28 June 2019]

EU trade policy: Orgalim priorities for the next European Union legislative term [17 June 2019]

Trade: EU-US negotiations must tackle both tariff and non-tariff barriers [25 April 2019]

Steel Using Industries - Joint Statement on the EU Steel Safeguard Investigation [6 December 2018]

EU-US trade negotiations must tackle both tariff and non-tariff barriers [12 October 2018]

Joint letter from downstream steel users: imposition of steel safeguards not in Europe's interest [26 June 2018]

Orgalime position on the European Commission proposal on Investment Screening [9 May 2018]

Orgalime comments following the US decision to impose tariffs on foreign steel and aluminium [13 April 2018]

Orgalime Position Paper proposing a horizontal Technical Barriers to Trade Chapter in on-going and future Free Trade Agreements. [28 August 2017]