Europe’s Steel and Aluminum Crisis: Between U.S. Duties, Global Overcapacity and Falling Production

The U.S. decision to impose an additional 25 percent duty on steel and aluminum imports from the European Union has triggered concerned reactions from European institutions and industry representatives. European Commission President Ursula von der Leyen expressed her deep regret at the measure taken by the U.S. administration, stressing that these duties not only penalize […]