EU Warns US Over Potential Steel Tariff Violations Amid Trade Agreement Concerns
The European Union has raised alarms over potential U.S. moves to increase tariffs on steel and aluminum products, a decision that could breach the existing trade agreement between the two regions. EU officials fear such actions WOULD undermine the spirit of their recent accord, which established a 15% tariff ceiling.
Maros Sefcovic, the EU’s trade chief, is expected to confront U.S. Commerce Secretary Howard Lutnick during their November 24th meeting in Brussels. Anonymous sources suggest the U.S. may expand the list of EU products subject to higher tariffs, risking the stability of the bilateral trade framework.
The dispute traces back to a 2025 agreement between U.S. President Donald TRUMP and European Commission President Ursula von der Leyen, which aimed to eliminate retaliatory tariffs. Any deviation from these terms could reignite transatlantic trade tensions.