The European Union extended its tariff suspension for U.S. products related to the ongoing steel and aluminum dispute to March 31, 2025. The extension is the result of a deal struck with the U.S., which will also extend its suspension of tariffs. The extension will result in E.U. steel and aluminum exporters saving roughly €1.5 billion annually. The E.U added that both parties will continue to engage constructively, and the mutual extension provides the time and policy space to reach an agreement on the remaining Global Arrangement on Sustainable Steel and Aluminium (GSA) issues. Elsewhere, Fo…

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