Biden Struggles to Push Trade Deals With Allies as Election Approaches
WASHINGTON—The Biden administration Thursday extended for two years a temporary measure to suspend Trump-era tariffs on European steel and aluminum, struggling to deliver on key trade policies involving close allies after nearly three years in office.Washington and Brussels have failed to find a permanent solution to eliminate the levies more than two years after the negotiations began. With the announcement, the administration will keep in place a temporary import quota system that replaced Trump-era tariffs while talks continue. The EU has criticized the temporary fix, which could be undone if Biden isn’t re-elected. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8