Germany seeks an end to EU-US trade dispute over aluminium

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Germany seeks an end to EU-US trade dispute over aluminium

Postby flystly » Mon Sep 10, 2018 3:51 am

Germany seeks an end to EU-US trade dispute over aluminium

Economy Minister Peter Altmaier said on Monday, May 28, 2018, that Germany is looking forward to the end of trade dispute between the European Union and the United States.

Altmaier said, “We need to try to avoid higher tariffs”, fire brick grog for sale adding that he would discuss the issue with European Trade Commissioner Cecilia Malmstrom and US General Secretary Wilbur Ross at a meeting of the Organization for Economic Co-operation and Development (OECD) in Paris this week. This organisation is an intergovernmental economic organisation, founded in 1961 and headed by 35 member countries, to stimulate economic progress and world trade.Trump had imposed a 25 percent tariff on steel imports and a 10 percent tariff on aluminium in March but granted temporary exemptions to European Union until June 1. EU is now eagerly waiting for the US’s final decision on permanent exemption before the deadline expires on the said date. However, it has already planned to raise import tariffs on certain US products next month in case the Trump government does not grant a permanent reprieve.
In the Student Class, five students were recognized, with three students in attendance at EDU ’18 to accept their scholarship awards. Sydney Smith, a sophomore Industrial Design student at Purdue University in West Lafayette, IN, received the $3,000 First Place Scholarship Award for her “N-Former” outdoor informational box design. The student used aluminium extrusion for this design because of its resistance to corrosion, making it an ideal material for the outdoor application. “Extrusion allows for height adjustments not found in most interactive signs,” noted Smith.

Besides, the EU has also expressed its annoyance at the recent US's auto tariffs announcement and said that this could lead to trade conflicts between two countries.
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