The European Union is working hard to avoid a fresh round of tariffs on the United States, Europe's trade chief told CNBC Wednesday.
The Donald Trump administration imposed a 25% tariff on European steel and 10% on aluminum in June 2018 on the grounds of national security.
European Council President Charles Michel, President of the European Commission, Ursula von der Leyen and US President Joe Biden meet within EU -USA Summit in Brussels, Belgium on June 15, 2021.PARIS — The European Union is working hard to avoid a fresh round of tariffs on the United States, Europe's trade chief told CNBC Wednesday, as Trump-era disputes still linger between the two trading blocs.
In a sign of good faith, the EU in May delayed a second round of tariffs worth 3.6 billion euros. The idea has been to reach a solution with the Joe Biden administration before Dec. 1.
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