European Union

EU Regulators Launch Anti-Trust Investigation Into Novelis’ Purchase Of Aleris

EU Regulators Launch Anti-Trust Investigation Into Novelis’ Purchase Of Aleris

Anti-trust regulators in the European Union said yesterday that they had opened an investigation into the proposed US$2.6 billion purchase of Atlanta’s rolled-aluminium firm Aleris by rolled and recycled aluminium firm Novelis Inc. In comments made by Europe’s antitrust chief Margrethe Vestager,...

Events

Expect EU to Strike Back Against Trump Aluminium Tariffs – Chancellor Merkel

Though expressing regret at the turn of events the aluminium tariff debate has taken, Germany’s Chancellor Angela Merkel announced that Europe is preparing to strike back at imports from the United States in retaliation for the Trump administration’s blanket 10-percent tariffs on aluminium. Shortly after leaving the chilly reception he encountered at last week’s G7 […]

EU May Implement Safeguard Measures on Aluminium by July: Malmstrom

Despite needing nine months for a full investigation into the matter, EU Trade Commissioner Cecilia Malmstrom told Reuters earlier this week that preliminary safeguards to protect the continent’s aluminium industry against the Trump administration’s aluminium tariff may only be a few weeks away. “We can take pre-measures in July already. This is what we are […]

Harley-Davidson Warns of “Significant Impact” As EU Retaliates Against Trump Aluminium Tariffs

Iconic American motorcycle manufacturer Harley-Davidson, Inc. said on Friday it expects a “significant impact” on sales due to retaliatory tariffs to be levied against large-displacement motorcycles by the European Union in response to the Trump administration’s decision to saddle EU exports of aluminium with 10-percent tariffs. “We support free and fair trade and hope for […]