(Reuters) – French steel producer Aperam said on Thursday it would explore potential exemptions from announced U.S. tariffs, along with its U.S. customers.
The long-term impact of the tariffs on the U.S. economy remains uncertain and could influence any investment decisions, the Luxembourg-based steel group told Reuters in an emailed statement.
“Unfortunately, the current lack of regulatory predictability creates an unfavorable business environment on both sides of the Atlantic,” it added.
The group stressed the “need for an appropriate and proportionate response from the European Union”, urging the 27-nation bloc to protect the region’s steelmakers from the negative impact of U.S. trade policies.
(Reporting by Anna Peverieri)
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