Transatlantic Trade Spat Festers as EU Urges Truce in U.S. Tariff Spat

Sections of steel pipes stacked in rows in Germany. Photograph: Alex Kraus/BloombergPhotographer: Bloomberg Creative Photos/Bloomberg Creative Collection

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January 28, 2021 at 12:00 PM UTC

For early signs of improvements in transatlantic trade ties now that Joe Biden is in the White House, look to a dispute festering in the shadow of both sides’ retaliatory tariffs over aircraft aid: U.S. duties on European Union metals.

The import levies of 25% on steel and 10% on aluminum encapsulate the general deterioration in U.S.-EU relations that occurred under former President Donald Trump.