EU, U.S.: EU Rejects U.S. Proposal for 'Green Steel Club,' Stoking Fears of Tariffs

The European Union rejected a proposal from the United States for the creation of the Global Arrangement on Sustainable Steel and Aluminum (GSA), which would create a common way to measure carbon emissions associated with the production of steel and aluminum and restrict imports of products exceeding a given carbon content threshold, the Financial Times reported on June 28....