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Trade

US and EU reach metals tariff truce to focus on mutual rival China

Biden looks to mend ties with Brussels but faces tricky political landscape at home

A steel plant in Salzgitter, Germany: Germany was the fifth-largest exporter of steel to the U.S. in 2020.   © Reuters

WASHINGTON -- The U.S. and the European Union agreed this week to resume talks on lifting American steel and aluminum tariffs in a step toward resolving trade tensions as both sides see a more pressing challenge in China.

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