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EU to urge US to apply more of the July trade deal, including cutting steel tariffs
EU ministers urge US officials to cut tariffs on steel and key products while Washington pushes for faster deal implementation and legislative changes.
- On Monday, United States' Trade Representative Jamieson Greer and Secretary of Commerce Howard Lutnick arrive in Brussels, Belgium for tense talks following months of recriminations over the summer trade deal with EU trade ministers.
- The July deal, struck by Commission president Ursula von der Leyen and US president Donald Trump, set a 15% duty and included a 600 billion pledge, according to the agreement.
- Brussels is particularly concerned about steel exports because the US already applies 50% tariffs and extended them to some 407 derivatives.
- Expect a frank agenda focused on implementation and regulatory changes as the US administration presses for fast-track rollout and urges the EU to scrap unfair laws during talks with EU business representatives and EU Trade Commissioner Maroa `ef ovi.
- Recent EU antitrust moves and open US investigations, including a 2.95 billion fine against Google, add pressure to the European Parliament's January vote and March or April agreement timeline.
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42 Articles
42 Articles
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The EU is pressing for a reduction in US tariffs on European steel before US Trade Minister Lutnick visits Brussels.
·Germany
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EU to urge US to apply more of the July trade deal, including cutting steel tariffs
European Union ministers are set to urge top U.S. trade officials on Monday to apply more of the July EU-US trade deal, such as by cutting U.S. tariffs on EU steel and removing them for EU goods such as wine and spirits.
·United Kingdom
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Total News Sources42
Leaning Left5Leaning Right5Center6Last UpdatedBias Distribution38% Center
Bias Distribution
- 38% of the sources are Center
38% Center
L 31%
C 38%
R 31%
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