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tariffs - Latest news GMK Center

Photo – Trump’s tariffs have significantly reduced steel exports from the EU to the US – EUROFER
Trump’s tariffs have significantly reduced steel exports from the EU to the US – EUROFER

The industry association believes that the parties should discuss the possibility of duty-free quotas

Photo – Trump has reduced tariffs on certain steel and aluminum products
Trump has reduced tariffs on certain steel and aluminum products

In particular, foreign companies may be eligible for a 10% tax rate under certain conditions

Photo – India may reduce tariff concessions for the UK due to steel tariffs
India may reduce tariff concessions for the UK due to steel tariffs

The British side considers the safeguard measures on steel products to be a separate issue

Photo – Ukrmetallurgprom has called for preventing an increase in Ukrainian Railways’ freight rates
Ukrmetallurgprom has called for preventing an increase in Ukrainian Railways’ freight rates

According to the association, this could lead to a decline in GDP of nearly 100 billion UAH

Photo – Mexico is seeking to eliminate steel tariffs as part of the USMCA review
Mexico is seeking to eliminate steel tariffs as part of the USMCA review

The country will also advocate for a regional approach to the automotive industry

Photo – Tata Steel UK has been granted an exemption from U.S. steel tariffs
Tata Steel UK has been granted an exemption from U.S. steel tariffs

This will allow the company to export steel processed in Port Talbot to the United States

Photo – Automakers are counting on $2.3 billion in US tariff refunds
Automakers are counting on $2.3 billion in US tariff refunds

Companies have already begun to reflect expected payments in their financial statements

Photo – The US has adjusted tariffs on steel, aluminum, and related products
The US has adjusted tariffs on steel, aluminum, and related products

The Trump administration aims to simplify compliance and prevent the undervaluation of imports

Photo – The US is reviewing its tariff policy on steel and aluminum products
The US is reviewing its tariff policy on steel and aluminum products

The Trump administration plans to simplify the accounting process for American companies

Photo – The UK plans to double tariffs on steel imports – Politico
The UK plans to double tariffs on steel imports – Politico

A new strategy for protecting the country's steel industry will be unveiled in the near future

Photo – The EU expects the US to lower tariffs on steel and aluminum products
The EU expects the US to lower tariffs on steel and aluminum products

The bloc faced a transition period in trade relations with the United States

Photo – US trading partners hope for compliance with agreements reached
US trading partners hope for compliance with agreements reached

In particular, the EU is awaiting clarification on Washington's next steps following the Supreme Court's decision

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