EU Mulls Reviving WTO Case Against US Amid Steel Tariff Spat
In 2021, the EU and US reached a 2-year deal to settle their steel and aluminum tariff dispute through the Global Arrangement on Sustainable Steel and Aluminum. The US reduced tariffs with a quota system, and the EU halted its restrictions, causing a trade imbalance with EU exporters. Without a concrete deal, tariffs may return next year.
Bruxelles Capitale United States European Union World Trade Organization Atlantic The Global Arrangement
Source: sputnikglobe.com