The European Union and the United States will increase efforts to deconflict their trade and climate policies ahead of U.S. presidential and EU parliamentary elections next year, but lingering disagreements will lead only to a suspension rather than the lifting of Trump-era tariffs on EU steel and aluminum. Brussels and Washington are reportedly nearing an interim agreement covering parts of the broader Global Arrangement on Sustainable Steel and Aluminum (GSA), a sectoral arrangement that the two have been negotiating since 2021 as a way to soothe bilateral trade tensions and pause Trump-era tariffs on imports of steel and aluminum from Europe. If implemented, the interim agreement would see the European Union and the United States introduce new tariffs that would target excess steel production from countries that benefit from non-market practices, like China. However, the deal will not address other outstanding issues toward establishing the broader GSA framework, particularly concerning...
