Economics
U.S., EU Strike Deal to Remove Tariffs on Steel and Aluminum
- Talks came with Europe retaliatory duties set to double Dec. 1
- Spat started in 2018 with Trump-era national-security tariffs
A steelworker at the TMK Ipsco Koppel plant in Koppel, Pennsylvania.
Photographer: Michael Mathes/AFP/Getty Images
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The U.S. and the European Union have reached a trade truce on steel and aluminum that will allow the allies to remove tariffs on more than $10 billion of their exports each year.