The European Union and the US will prolong a truce on metal and aluminum imports, avoiding a doable return of billions of {dollars} in tariffs on transatlantic commerce.
The European Fee, the EU government’s arm, introduced on Tuesday it would droop retaliatory measures applied in the course of the Trump presidency for 15 months, till March 31, 2025. Brussels, nonetheless, didn’t persuade Washington to enhance its present tariff-rate quotas, or TRQs, above which duties are utilized.
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