American Chemistry Council and CEFIC Welcome Resolution of U.S. Section 232 Tariffs and EU Retaliatory Tariffs

American Chemistry Council (ACC) President and CEO, Chris Jahn, and Cefic Director General, Marco Mensink, issued the following statement in response to the U.S. and EU agreement to end the harmful tariffs impacting the transatlantic chemical industry:

“The U.S. and European chemicals industries welcome the agreement on steel and aluminum trade announced during the G-20 summit. The chemicals industry is one of the most globalized industrial sectors, both in the EU and in the U.S., and is highly dependent on open and fair trade. As longstanding supporters of free trade, ACC and Cefic believe tariffs between close allies such as ours should not exist. We look forward to this week’s compromise helping to ease the tariff burden on transatlantic chemical manufacturers.

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