US presses Europe on rules for big tech companies

Europe should "reconsider" its rules for big tech companies if it wants to see lower US tariff rates on its steel and aluminium exports, US Commerce Secretary Howard Lutnick has said.

His comments come as officials from the US and European Union are meeting in Brussels to discuss the status of the trade framework that the two sides agreed in July.

That deal set US tariff rates on European products at 15%, lower than had been threatened, in exchange for promises of European investment and changes that would allow in more American agricultural products.