US Commerce Secretary Howard Lutnick said that Washington can reduce duties on EU steel and aluminium but only if the Europeans agree to ease the implementation of digital rules following a meeting in Brussels on Monday.
Lutnick, who is a close ally of President Donald Trump and negotiated on his behalf a trade deal with the EU over the summer introducing 15% tariffs, said that European should reassess the way they implement their flagship policies on digital regulation if they want further tariff relief. Lutnick did not call to remove the rules but did say the way in which they are applied should be "more balanced" for American tech companies.
