Advertisement

EU and US extend trade truce until after presidential election

The European Union and the US have agreed to pause their trade war until after the presidential election.
 
US tariffs on steel and aluminium and the EU's retaliation on goods including motorcycles and whisky will be suspended until the end of March 2025.
 
They were originally imposed when Donald Trump was president on national security grounds.
 
But they were paused under Joe Biden's administration.
 
The deferment will allow President Biden to keep his EU allies onside.
 


Most Popular
CariCRIS reaffirms credit ratings for...