Eu officials are concerned that the US push to expand the list of EU products facing higher tariffs on steel and aluminum may conflict with the trade agreement signed by the US and the EU this summer.
Bloomberg reported that people familiar with the matter said that Maros Sefcovic, the EU trade commissioner, and the trade ministers of the 27 EU countries will raise this issue when they meet with US Commerce Secretary Lutnik in Brussels next Monday (November 24). Representatives of EU countries made preparations for this negotiation last week.
Under the trade agreement reached between European Commission President Ursula von der Leyen and US President Donald Trump in August, the EU will lift tariffs on many US goods, while the US will impose a 15% tariff cap on most European products entering the country.
Steel and aluminum products exported by the European Union, as well as many derivative products containing these two metals, still face a 50% tariff from the United States. Washington has revised the list of derivatives subject to higher tariff rates several times within a year.
A person familiar with the matter who requested anonymity said that the EU is particularly concerned that more than 400 products affected by the 50% metal tariff and the higher tariffs that the US may impose on different industries will weaken the trade agreement reached between the EU and the US as well as the agreed 15% tariff cap.
A spokesperson for the European Commission has not yet responded to a request for comment.
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