FAST FIVE: White House Working To Roll Back Trump's EU Metals Tariffs Despite Admitting They Saved Jobs
White House Working To Roll Back Trump's EU Metals Tariffs Despite Admitting They Saved Jobs Though it wasn't his administration's first priority (given the modest popularity President Trump's trade policies have enjoyed among the American public) President Biden and his team have agreed to roll back his predecessor's metals tariffs on the EU just before the levies were set to double next month, according to anonymous sources quoted by Bloomberg.
Some countries were temporarily exempted from the tariffs.
The tariffs on Canada and Mexico were lifted with the signing of the US Mexico and Canada Agreement.
Iconic American products affected by EU counter-tariffs include Harley-Davidson Inc motorcycles and Levi Strauss & Co jeans.
“With respect to tariffs, there is a place for tariffs.