U.S. and EU agree to ease metal tariffs imposed by Trump administration

Posted on AllSides October 30th, 2021
From The Center
Bloomberg/Getty Images

The United States and the European Union on Saturday announced an easing of a trade dispute that started during the Trump administration.

The previous U.S. administration imposed a 25% tariff on European steel and another 10% tariff on aluminum in June 2018 on the grounds of national security.

The EU vehemently contested the move from the start and after multiple failed attempts to reach a deal with the Trump administration, the bloc took the case to the World Trade Organization and imposed retaliatory measures on up to 6.4 billion euros ($7.78 billion)...

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