US and European Union negotiators were unable to reach agreement on a global steel arrangement in time for Friday’s leaders summit, but they agreed to continue negotiations and hold off on tariff hikes in the meantime.
Negotiators had hoped to have a deal in hand for leaders to endorse at the White House summit, but officials said more work is needed before both sides can support agreements on steel and aluminum and energy subsidies.
President Biden’s meeting with European Council President Charles Michel and European Commission chief Ursula von der Leyen ended up being primarily focused on international issues, including the war between Israel and Hamas and ensuring continued support for Ukraine in its fight against Russia's invasion.
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