U.S. and EU agree to ease metal tariffs imposed by Trump administration
Posted on AllSides October 30th, 2021
From The Center
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)...
Some content from this outlet may be limited or behind a paywall.