Expanded US tariffs threaten €2.8bn of EU construction equipment exports

Expanded US tariffs are expected to impact €2.8 billion of annual EU construction equipment exports to the United States, according to the Committee for European Construction Equipment (CECE).

The news comes after the US administration extended existing tariffs on steel and aluminium to 400 additional customs codes, bringing construction and mining machinery into scope.

Under the new regime, 50% tariffs apply to the value of a machine’s steel content, alongside a 15% baseline tariff on the rest of…

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