See also circular GN/2025/054 on EU countermeasures.

Please note that we understand that EU member states have asked for changes to the proposed approach by the European Commission in terms of EU retaliation on US steel/aluminium tariffs.

Member states are requesting to open discussion on all retaliatory lists from 2018 and the new March draft list. Since the new US tariffs are significantly broader in scope and affect a significantly higher value of European trade, the Commission is considering building a third list to increase products/value.  The intention is that these various lists would all be consolidated into one list. Member states will in the meantime negotiate products on various lists.

The EU Consultation on the draft list of March remains open until 26^th March and companies can submit comments.

EU Consultation survey:

Information gathering notice under Regulation (EU) No 654/2014 on the new US tariffs on steel and aluminium products, and possible EU rebalancing measures in response - European Commission

It is likely that EU member states will vote on the “newly consolidated list” on 7/8 April.

It is expected the package would enter into force mid-April.

Gafta will send further news when more concrete details are available.

Disclaimer
All Gafta Circulars and Notices are provided to Members purely for the purposes of information. We have not taken any steps to verify the accuracy of the information provided and, accordingly, Members must obtain their own independent professional advice as to its content and effect. We cannot accept any liability, howsoever arising, for any loss or damage which may be caused by any reliance on any information contained in a Gafta Circular or Notice.