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By Syndicated Content By David Lawder and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) – The Biden administration faces a major dilemma in its dispute with the European Union over Trump-era steel and aluminum tariffs: back down to avoid acute pain for Harley-Davidson Inc and whiskey distillers or stick with the duties even though they are now exacerbating acute shortages for U.S. manufacturers. The EU has threatened to double the tariffs on Harley-Davidson motorcycles, American-made whiskey and power boats to 50% on June 1, cutting off any residual hope of exports to the c...

3 Min Read WASHINGTON (Reuters) - U.S. trade czar Katherine Tai is meeting with unions, industry executives and advocacy groups as Washington faces mounting pressure to back a temporary waiver of intellectual property rights to accelerate COVID-19 vaccinations around the world. FILE PHOTO: Katherine C. Tai addresses the Senate Finance committee hearings to examine her nomination to be United States Trade Representative, with the rank of Ambassador, in Washington, DC February 25, 2021. Bill O'Leary/Pool via REUTERS/File Photo U.S. Trade Representative Tai, who helped broker Sunday’s agreemen...

Coming amid COVID-19 pandemic, full Cabinet meeting marks a key benchmark in launch of the new Biden administration.