European business welcomes EU-US deal on steel and aluminium

Reacting to the announcement Markus J. Beyrer Director General of BusinessEurope said: "The announcement of the deal to address the major outstanding trade conflict between the EU and the USA is very good news for European business, in a moment companies are confronted with increasing costs in raw materials and supply chain bottlenecks. We are also confident that a more permanent solution that eliminates all forms of managed trade is found in the near future."