Steel and aluminium: USA and EU want CO₂ emissions as import criterion

After settling their dispute over punitive tariffs on steel and aluminium, the US and the European Union are seeking a global agreement for more sustainable production in this industrial sector. This was announced by US President Joe Biden and EU Commission chief Ursula von der Leyen on Sunday at the presentation of the tariff dispute agreement on the sidelines of the G20 summit in Rome. With the agreement, both sides want to renounce imposed and threatened reciprocal punitive tariffs from the era of Biden’s predecessor Donald Trump.