US, EU settle dispute over tariffs on steel, aluminum


(Worthy News) – The European Union and the United States have reached an agreement to rein in tit-for-tat tariffs that date back to the Trump administration, officials announced on Saturday.

More European-made steel will enter the United States while the EU will tax motorcycles, bourbon whiskey, peanut butter and jeans at only 25% instead of a proposed 50%.

President Joe Biden’s latest move, announced while he is at the G20 in Rome, relaxes trade tensions created by ex-president Donald Trump in 2018. [ Source: Deutche Welle (Read More…) ]

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