U.S. to cut steel tariffs only if EU agrees to soften digital rules
Euronews · 2 months ago
Euronews
2 months ago
The U.S. is pushing for softer digital rules enforcement in exchange for tariff relief to the Europeans after Brussels meeting with Greer and Lutnick.
Breakdown
- U.S. offers to cut tariffs on EU steel and aluminium if digital rules are eased.
- A reciprocal and fair trade agreement is being implemented and further developed. 17s
- U.S. seeks a more balanced application of EU digital rules for American tech firms. 36s
- EU is pushing for a reduction of the 50% tariffs imposed on steel and aluminium in June. 44s
- Despite a July trade deal lowering tariffs on most goods, steel and aluminium remain at 50%. 1m 1s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.