At G-20 Summit, U.S. Agrees to Relax Tariffs on European Steel

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ROME—The U.S. and the European Union have reached a deal to ease U.S. tariffs on steel and aluminum imports that date to former President Donald Trump, levies that were a longstanding irritant to European leaders.

U.S. Commerce Secretary Gina Raimondo said Saturday that the arrangement would maintain the tariffs but would allow limited amounts of European imports to enter the U.S. tariff-free. She said the EU would drop retaliatory tariffs in return and expressed confidence that the deal would ease supply-chain pressure and high prices.