US trade policy has officially hit rock bottom ...Middle East

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US trade policy has officially hit rock bottom
U.S. trade policy has hit rock bottom. Tariff wars loom large this fall. It’s time for a change. Start with the Trump/Biden steel and aluminum tariffs. If the U.S. and European Union don’t come up with a deal by October, Washington will reimpose its Section 232 tariffs on Europe, and Brussels will retaliate.  Unfortunately, the bet is they’ll come up short. That’s because talks over a Global Arrangement on Sustainable Steel and Aluminum (GSSA) aren’t going as planned. To diffuse version 1.0 of this tariff war, the U.S. and EU anticipated the GSSA with a joint commitment to promote low-carbon production and address global overcapacity, especially if non-market economies like China

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