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U.S.-EU deal includes global push to tackle overcapacity, climate crisis

October 31, 2021 at 2:05 PM
As a part of a resolution to a three-year Section 232 steel and aluminum dispute reached this weekend, the U.S. and the European Union on Sunday announced a “Global Sustainable Steel Arrangement” to bring in like-minded partners to tackle steel and aluminum overcapacity – as well as climate change. Speaking to reporters alongside European Commission Vice President Ursula Von der Leyen on the sidelines of the G20 summit in Rome on Sunday, President Biden said the new global initiative would...

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