Donald Trump's administration kept his trading on tenterhooks before tabling the decision: the EU, Canada and Mexico continue to apply exemptions to import duties on steel and aluminium — until 1 June.
Never before have the US midterm elections attracted so much interest abroad. Many in the EU hope that the vote will weaken US President Donald Trump. However, observers say, that could prove dangerous internationally.
The leaders agreed to work toward "zero tariffs" between the US and the EU, which would decisively reverse the slew of trade tariffs imposed recently. The deal involves the EU purchasing natural gas from the US.
The United States has made true on its promise to hit the European Union with higher import tariffs on steel and aluminum. But there needs to be a distinction between bluster and true inequality says DW's Timothy Rooks.
The threat of steeper US tariffs on EU-assembled vehicles could lead to a global trade war. German automakers, which produce more vehicles in the US than they export there, are in the Trump administration's crosshairs.
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