According to the new customs tariffs announced by the US on April 8, which the US calls "Freedom Day", a 20% tariff will be imposed on aluminum and steel scrap imported from Germany and the European Union. Copper scrap, on the other hand, was exempted from the tariffs as an exception.
Adam Shafler, ReMA Vice President for International Trade and Global Affairs, provided participants with a comprehensive overview of the current tariff regime.
ReMA President Robin Wiener made the following statements in his statement: "Recycling relies on the free and predictable flow of materials across borders. Disruptions in the global materials cycle would not only put jobs at risk, but also the progress made in accessing sustainable raw materials. We need to build strong and reliable partnerships, not new barriers."
Kilian Schwaiger, Managing Director of VDM, emphasized: "Across the Atlantic we are united in the belief that fair trade, open markets and a strong commitment to circularity are not optional - they are the foundation of a sustainable economy. Open markets are not just a principle, but a necessity for successful recycling."
VDM Warns Against Protectionist Approaches in the EU
When potential export restrictions on steel and metal scrap were discussed as part of the Steel and Metal Action Plan currently on the agenda in Brussels, the VDM expressed its clear opposition.
Schwaiger stated that the European Union does not have the luxury to distance itself from global markets: "Trade restrictions harm the metal recycling industry and with it the manufacturing sector. At a time of geopolitical tensions, the EU cannot afford to further isolate itself from global markets. Rather, it must pioneer an open and sustainable raw materials policy based on strong international partnerships."
VDM and ReMA announced their decision to continue transatlantic cooperation and strengthen joint advocacy to ensure fair, open and predictable conditions for international trade in recycled raw materials.
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