U.S. Calls for EU Tech Regulation Overhaul in Tariff Talks
- The U.S. Commerce Secretary Howard Lutnick stated that the European Union needs to change its digital regulations to finalize a deal for lower steel and aluminum tariffs.
- In exchange for altered EU tech rules, Lutnick mentioned that there would be a 'cool steel and aluminum deal.'
- Lutnick and U.S. Trade Representative Jamieson Greer visited Brussels to discuss these matters as part of trade relations with the EU.
- Lutnick confirmed that discussions are ongoing regarding rolling back EU tech regulations.
31 Articles
31 Articles
In Brussels, U.S. Trade Minister Lutnick called for changes to the European digital rules and in return proposed lower tariffs on steel. Lutnick said at a meeting with the trade ministers of the 27 EU states in Brussels, only if there was a balanced approach would steel and aluminium issues be addressed.
BRUSSELS The trade tensions between the United States and the European Union are less evident than in the summer, but continue to snake dangerously. While the European Commission seeks to achieve...
The United States called on the European Union on Monday 24 November to "rebalance" its laws regulating the tech sector if it is to achieve a reduction in US tariffs on European steel.
US Commerce Secretary Howard Lutnick has urged his European Union counterparts to change European rules in the digital sphere. If that happens, the US would also be prepared to consider lowering tariffs on steel imports, he added.
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