As part of its concerns about the US tariffs on steel and aluminium, the European Commission has expressed support to the European Union of House Builders and Developers (UEPC).

Cecilia Malmström has told that the EU ‘strongly backs’ the UEPC’s call to stop the trade dispute between the United States and EU getting out of control, in order to prevent long-term damage to the EU’s construction sector.

EU Commissioner Malmström told Marc Pigeon, president of the UEPC:

“I fully agree with you that collaboration between the United States and the European Union is essential for the stability of trade flows and the multilateral trading system…it is clear that an escalation of trade tensions…would have a significant impact on the global trading system and the world economy.”

Marc Pigeon said:

“UEPC applauds Commissioner Malmström for stressing the role that EU developers and house builders have to play in supporting the European economy and resolving the affordability crisis in the EU housing market. UEPC and its members will continue to lead the way in finding innovative solutions to support prospective homeowners, through working closely with the EU Institutions.”