-
The US-EU War Over Steel Tariffs Finally Comes to an End
Written by Associate Editor: Andrea Rojas In 2018, former President Donald Trump placed a 25% tariff on steel and a 10% tariff on aluminum imported to the United States from any country in the European Union. The tariff resulted in the EU placing duties on American goods imported to the EU. Under the new agreement, the Trump-era tariff will remain in place but allows for “limited volumes” of EU-produced metals to be imported to the U.S. under a duty-free agreement. In a joint statement at the G20 summit, President Biden and European Commission head Ursula von der Leyen shared the agreement’s details. It emphasized restoring the transatlantic relationship between the…