WASHINGTON—The Biden administration Thursday extended for two years a temporary measure to suspend Trump-era tariffs on European steel and aluminum, struggling to deliver on key trade policies involving close allies after nearly three years in office.
Washington and Brussels
have failed to find a permanent solution to eliminate the levies more than two years after the negotiations began. With the announcement, the administration will keep in place a temporary import quota system that replaced Trump-era tariffs while talks continue. The EU has criticized the temporary fix, which could be undone if Biden isn’t re-elected.What to Read Next
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December 29, 2023 at 04:19AM
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Biden Struggles to Push Trade Deals With Allies as Election Approaches - The Wall Street Journal
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