US-EU: Trade Com: Had In-Depth Discusssions w/US Re: Steel & Aluminium
Oct-31 12:29
Speaking in Rome, European Trade Commissioner Maros Sefcovic said that he has held 'in-depth' discussions with US officials regarding trade in steel and aluminium. Says that it's "time to come back to the idea of a EU-US steel union". As Politico reported earlier, US Commerce Secretary Howard Lutnick has been invited to talks in Brussels on 24 Nov to discuss ongoing trade issues, with the EU having raised "concerns about the U.S. expanding its list of derivative steel products subject to a 50 percent tariff."
- Speaking alongside Italian Agriculture Minister Francesco Lollobrigida in Rome, Sefcovic also said that the EU would look to help Italy in its 'pasta war' with the US. From Jan 2026, the US has threatened an additional 92% tariff on top of the 15% 'reciprocal' tariff applied to EU goods, after accusing two Italian pasta manufacturers, La Molisana and Garofalo, of dumping products on US markets.
- Sefcovic said, "We believe that this decision, as it was reached, was not based on the full facts and figures, and we are doing our utmost to present this to them," confirming he had raised the issue in a call with Lutnick. The US is one of Italy's top three pasta markets, meaning the issue carries a significant economic impact for the Italian agricultural sector.
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