EU, U.S. plan to end steel tariffs good news for agriculture
Story Date: 8/5/2021

 

Source: 95.3 MNC, 8/4/21


The U.S. and the European Union plan to settle the dispute about longstanding steel and aluminum tariffs by November 1. According to the Capital Press, this move is good news for America’s steel industry, and that indirectly is good news for agriculture. Conversations about Section 232 of the Trade Expansion Act relating to steel and aluminum tariffs have been moving forward. An EU trade official told Politico that,” Both sides have confirmed readiness to find a solution by November 1,” when the original agreement deadline was December 31.

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