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Politico (16 October 2023)

BY SARAH ANNE AARUP AND CAMILLE GIJS

EU and US are thrashing out a deal to create a green steel and aluminum club to keep out metals from countries like China — but are still closing gaps on exactly how to do so.

When European Commission President Ursula von der Leyen crosses the Atlantic on Friday for a summit with U.S. President Joe Biden, she will usher in a sea change on how Brussels thinks about trade.

Von der Leyen is poised to give in to American pressure to join a newfangled steel and aluminum club in exchange for Washington dropping its threat to reimpose tariffs on imports of the metals from Europe. In their place, the U.S. and EU would erect a protective wall around both their markets in a bid to fend off China’s rise.

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