European Union starts monitoring aluminum imports after US tariffs
Updated : April 26, 2018 02:36 PM IST
Data collected on the quantity and value of incoming aluminum products will help the bloc decide whether to take measures to limit imports.
The United States imposed import tariffs of 25% on steel and 10% on aluminum in March, although the European Union and six other countries secured temporary exemptions.
The Commission, which oversees trade policy in the 28-nation EU, believes that the 10% tariff introduced by the United States has increased the risk that more aluminum will be diverted to Europe at depressed prices.