New tariff rebalancing measures are announced for Tuesday 7 April, in response to the increase in US rates on steel and aluminium derivatives.
Indeed, since 8 February this year, nails, tacks, pins, wire ropes or bumper parts have been subject to the same tariff duties as those imposed on US imports of steel (+25%) and aluminium (+10%) (see EUROPE B12414A16).
These measures, the value of which are estimated to be €40 million, had been decided by Washington in order to sanction imports...