Economics
U.S., EU Set to Reach Temporary Tariff Truce Over Metals
- Announcement may come as soon as Monday, people familiar say
- Duties on U.S. products including whiskey were set to double
Photographer: Lukas Schulze/Getty Images
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The Biden administration is set to announce it’s reached a truce in a dispute with the European Union over metal tariffs, sparing iconic products such as U.S. bourbon whiskey from a doubling of EU duties next month, people familiar with the matter said.