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ARTICLE · 03 AUGUST 2023

What's Causing EU-US Impasse On Steel And Aluminum

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In October 2021, the European Union and the United States launched negotiations for a Global Arrangement on Sustainable Steel and Aluminum, or GASSA, which would link import restraints...

GlobalInternational Law
Bernd Janzen
Bernd Janzen
Sarah Sprinkle
Sarah Sprinkle
Hannes Sigurgeirsson
Hannes Sigurgeirsson
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In October 2021, the European Union and the United States launched negotiations for a Global Arrangement on Sustainable Steel and Aluminum, or GASSA, which would link import restraints to exporting countries' efforts to reduce carbon intensity in metals production and global overcapacity in the aluminum and steel industries.

The two powers agreed to temporarily suspend additional tariffs on steel and aluminum imports while negotiating the arrangement. Negotiators are aiming to meet an October 2023 deadline when U.S. national security tariffs on EU-origin aluminum and steel could resume.

However, negotiators from the two economies must still overcome high obstacles to success, including demands by the U.S. that its aluminum and steel products be excluded from the EU's planned carbon border adjustment mechanism, which was recently approved by EU lawmakers and will impose charges on imports of steel, aluminum, and other carbon-heavy products starting in 2026.

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