EU expects US to scale back steel, aluminum goods tariffs within weeks, Bloomberg News reports

SelfRugger · 2026-03-12T21:43:05+00:00

The EU anticipates the U.S. will reduce steel and aluminum tariffs soon, possibly easing trade tensions. However, these changes won't apply to commodity-grade metals amid ongoing uncertainties in broader trade negotiations.

SelfRugger

2026-03-12 21:43:05

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EU expects US to scale back steel, aluminum goods tariffs within weeks, Bloomberg News reports

Reuters

Wed, February 25, 2026 at 12:00 AM GMT+9 1 min read

(Adds dropped word in headline)

Feb 24 (Reuters) - European Union ‌officials expect the U.S. ‌to lower tariffs on goods containing steel and aluminum within weeks, potentially easing a major source of friction in transatlantic ‌trade ties, ⁠Bloomberg News reported on Tuesday, citing people ⁠familiar with the matter.

The planned changes would not affect tariffs on commodity-grade forms of the ‌metals, the report said.

Reuters could not independently verify the report.

The potential move comes as broader trade negotiations face ‌renewed uncertainty after a U.S. Supreme Court ruling limited the administration’s ‌ability to invoke emergency powers to impose sweeping “reciprocal” tariffs, clouding prospects for a comprehensive agreement ‌between Washington and Brussels.

(Reporting by Dagmarah Mackos. Editing by Mark Potter)

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