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International Business Times
International Business Times
Science
Beiyi SEOW and Erwan LUCAS

US-EU Steel Talks In Limbo As Elections Loom

Tariffs on most European steel and aluminum have been paused, but the United States and EU must agree on a path forward before January 1 (Credit: AFP)

The United States and the European Union remain far from resolving a gridlock on their trade in metals, even as both sides agreed to extend a truce this week ahead of a year-end deadline.

US President Joe Biden paused Trump-era tariffs on most European steel and aluminum two years ago, but this was due to expire if both parties did not agree on a path forward before January 1.

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