Donald Trump wants to double the tariffs on aluminum and steel to 50 percent. If necessary, the EU Commission wants to take countermeasures earlier than planned.
By Redaktion Table
With only one dissenting vote from Hungary, the EU decided on Wednesday to impose counter-tariffs worth EUR 20.9 billion on US products in response to the US steel and aluminum tariffs.
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China has officially decided to extend its emissions trading system to the steel, cement and aluminum sectors. However, to ensure a smooth transition and a lack of upper caps, the ETS will not significantly reduce emissions in the near future.
By Nico Beckert
The EU Commission's steel and metals action plan promises European industry rapid protection against cheap imports. There is criticism of the measures on energy prices.
By Alex Veit
Lower energy prices are at the heart of the action plan for the metal and steel industry. The Commission intends to adopt the plan on Wednesday – in response to new US tariffs and China's massive overcapacity.
By Amelie Richter
If the USA introduces tariffs on steel and aluminum on Wednesday, the EU Commission will react quickly with countermeasures. The trade conflict is likely to put further strain on tense relations.
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A new Chinese action plan aims to reduce carbon emissions in the aluminum sector. The sector will replace coal with renewable energies and recycle more aluminum.
By Carolyn Braun
A new Chinese action plan aims to reduce carbon emissions in the aluminum sector. The sector will replace coal with renewable energies and recycle more aluminum.
By Nico Beckert
Aluminum is produced using the highly emission-intensive fused-salt electrolysis process. Now, this sector is about to be included in China's emissions trading scheme.
By Lisa Kuner
