Page 13 - Cu Union News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Introduction After striking a deal to terminate the U.S.-European Union bilateral dispute over steel and aluminum tariffs, U.S. President Joseph Biden hailed the opportunity to curb imports of “dirty steel” from China (Straits Times, October 31). The U.S. and EU jointly agreed to support sustainable steel and aluminum manufacturing and encourage greener production. Under the arrangement, both sides pledged to …

President Biden’s goal of bolstering democracies around the world will need robust U.S.-Europe cooperation to succeed.

The U.S.-European Union agreement to soften the brunt of steel and aluminum tariffs should provide a lift to trans-Atlantic trade relations, but will also require companies to navigate a new compliance environment in critical industrial sectors.

Happy Wednesday and welcome to On The Money, your nightly guide to everything affecting your bills, bank account and bottom line.

President Biden has ramped up efforts to repair the U.S.-European Union trade relationship and form a united Western front against China with a recent deal to ease Trump-era steel and aluminum tariffs.