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With britain, germany, and france. joining me now from los angeles is cnn european affairs commentator, dominic thomas. thanks so much for joining us. so the biden administration at the g20 announced it rolled back some of the trump-era tariffs on european steel and aluminum. biden s trying to get the momentum back for the iran nuclear deal. among other things. is it going some way to convincing international partners yet again that america is back, as he proclaimed a couple of months ago? that s the big question. there s evidence that it s moving in that direction. and so much of these big events, the g7, the g20, are about optics. i think we ve moved way beyond the sort of, america is back, can america be trusted? i think biden is a well-known entity on the international stage. and i think the attention has moved now towards the question of reliability and towards the question of whether or not president biden can actually ....
all right. that is the president of the united states and the president of the european commission in rome. the president is off to glasgow for the cop26 conference after this. i want to go to mike memoli who has been following the president. mike is in rome as well. this is an interesting thing. people remember back to the fact that there s been an issue with steel imports into the united states. donald trump imposed tariffs on imported steel which a lot of steel workers in america really like, particularly in those states like pennsylvania which had a lot of steel workers, but he did it in places people didn t expect. he imposed tariffs on the european union and canada. it really set the tone for what the trump administration s relationships trade relationships with the rest of the world would be. this is joe biden undoing that. that s exactly right, ali. this was a significant event in that we saw the president using a very specific trade dispute, the easing of these tariffs o ....
Port. also the g20 leaders today the agreed upon a minimum corporate tax deal, 15%, to keep big corporations from taking advantage of low tax rates overseas, depriving countries where they actually do business of tax dollars. the biden administration says that this would benefit the united states to the tune of tens of billions of dollars a year if it gets through congress. another deal sealed here was the waiving of tariffs on european steel and aluminum, reversing a trump era move. this apparently will help ease steel shortages in the u.s., and in exchange, also europe will cancel its reciprocal tariffs on anything from bourbon to harley davidson motorcycles to peanut butter. this deal also has provisions of blocking dirty steel into the united states. the united states and the european union have reached a major breakthrough that will ....
Along with 38% support it. six in ten% favor health coverage for the undocumented. the u.s. is heating up its trade fight with the european union over aircraft subsidies just as tensions with china begin to slow down. u.s. proposing new tariffs on e.u. goods worth $4 billion. the tariffs cover 89 products including meat, cheese, pasta, fruits, coffee and whisky. adding that the tariffs on e.u. exports worth $29 billion announced in april. washington has been locked in a dispute against the e.u. for years over subsidies for boeing and airbus. the trump administration has imposed tariffs on european steel and aluminum. they responded putting tariffs on the u.s. worth $3 million. this could hit european powerhouses like ghaerm any and france. ....