US-EU Trade Talks: Steel & Aluminum Tariffs vs Digital Rules

U.S. Commerce Secretary Howard Lutnick proposes trade-off with EU: reduce steel and aluminum tariffs in exchange for easing digital regulations. Lutnick, a Trump ally, believes EUs digital policies should be more balanced for American tech companies. EU seeks reduction in 50% tariffs on aluminum and steel, while U.S. aims for a balanced approach. Lutnick and U.S. Trade Representative met with EU trade ministers, discussing the implementation of the summer trade deal. EU Commissioner Šefčovič defends digital regulations, stating they apply equally to all companies in the EU single market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.