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11 Jul
12:38

US-EU steel agreement ‘mission impossible’, says trade expert

Significant differences between EU and US climate and trade-policy toolkits and objectives, and the overall prohibitive costs of aligning around a lower US denominator render the proposed transatlantic Global Steel and Aluminium Arrangement (GSA) a “mission impossible and highly undesirable”. So says David Kleimann, visiting Fellow at Bruegel, in a new working paper. In his “Section 232 reloaded: the false promise of the transatlantic ‘clim…
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