EU presses U.S. for tariff ‘peace clause’ in global steel arrangement

The European Union wants to the U.S. to “permanently” lift national security tariffs imposed by the Trump administration and refrain from placing new duties on EU exports as part of a developing arrangement on sustainable steel and aluminum trade, according to the bloc’s recent response to an initial U.S. proposal. The comments, seen by Inside U.S. Trade and reported earlier this month by Politico, show the two sides must bridge a major gap if they are to meet an...