EU, US Tariffs Cease Fire Extended

Posted 12/23/23

The European Union has agreed to extend a tariffs cease fire with the United States to give the two sides more time to negotiate a global arrangement on steel trade.

Brussels and Washington now will have until March 31, 2025 to reach a deal without having to worry about reimposition of tariffs the EU imposed on US products in response to Washington’s imposition of Section 232 tariffs on global steel and aluminum imports.

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