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Unfair US Steel and Aluminium Tariffs: Trade Unions demand protection for jobs and urgent action to deal with the root cause of issue - GLOBAL OVERCAPAPCITY

IndustriAll European Trade Union calls for the EU to take urgent action to protect tens of thousands of European jobs at risk of President Trump’s announcement of a 25% tariff on steel and 10% tariff on aluminium from Europe.

 

 

As the US triggers a trade war, the EU has to protect its workers and the rule of law

The Socialists and Democrats in the European Parliament today strongly condemned President Trump’s decision to impose heavy tariffs on imports of steel and aluminium, including from the EU.
 
The EU has to react strongly and remain united to protect its workers and businesses and defend the role of law. Reckless protectionism and nationalism will only isolate and hurt the US.
 
S&D Group spokesperson for trade, Alessia Mosca, said:
 

VDMA: Spirale wechselseitiger Strafzölle verhindern

Frankfurt, 9. März 2018 – Zur Einführung von Zöllen auf Stahl- und Aluminiumimporte durch US-Präsident Trump sagt VDMA-Hauptgeschäftsführer Thilo Brodtmann:

10% US tariff on aluminium requires immediate action from the EU, European Aluminium says

Brussels, 8 March 2018 – European Aluminium, the voice of the entire aluminium value chain, is confident the EU Commission will do everything it can to exempt European countries from the 10% US tariff in the next 15 days, but requests immediate market surveillance and the implementation of safeguard measures if proven necessary.
 

Bundesverband der Deutschen Industrie e.V.

ACCA welcomes the publication of the Sustainable Finance Action Plan

ACCA (The Association of Chartered Certified Accountants) shares the European Commission’s view that time has come for a renewed, global  approach to managing and promoting the financial system more sustainably.

New European crowdfunding legal framework needs to strike the right balance to allow alternative sources of finance to grow, says ACCA

ACCA (The Association of Chartered Certified Accountants)  welcomes the publication of the European Commission’s proposal towards creating a harmonised legal framework across Europe for its crowdfunding market, together with its FinTech Action plan. As a global professional body representing a large number of finance professionals advising SMEs on a daily basis, ACCA recognises the potential for harmonised regulation to improve the chances of SMEs securing the financing they need to grow.

More investment will be needed for a sustainable and fair society, say S&Ds

S&D Euro MPs today welcome the Commission’s proposals to step up investments which will help the EU to manage its transition to a low-carbon economy and meet the COP 21 climate change goals.
 
S&D Group spokesperson for the economic and monetary affairs, Pervenche Berès, stated:
 

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