International Trade Today is a Warren News publication.

Trump Says EU and US to 'Resolve' Steel and Aluminum Tariffs

President Donald Trump announced that the U.S. will "resolve the steel and aluminum issues" with the European Union after the EU agreed to buy more soybeans and liquefied natural gas, and to enter negotiations to drop non-auto industrial tariffs to zero. The EU's retaliatory tariffs will also be "resolved," said Trump.

Sign up for a free preview to unlock the rest of this article

If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.

As long as negotiations continue, Trump and European Commission President Jean-Claude Juncker said July 25, there will be no new tariffs placed on the EU. A previous EU exemption to Section 232 tariffs on steel and aluminum ended on June 1.