Kols: EU and US still have not agreed on steel and aluminum tariffs

European Parliament member Rihards Kols (National Alliance) told the LETA news agency that trade relations between the European Union and the United States still have not produced an agreement on steel and aluminum tariffs. According to Kols, the tariff rate set for certain products reaches as high as 50%, underlining how significant and complex this issue remains in negotiations between the two sides.

A long-standing sticking point

Steel and aluminum tariffs have for some time been one of the most contentious points in EU-US trade dialogue. The high duties affect companies on both sides that are involved in metal production, export and import, creating additional costs and uncertainty about future cooperation.

Kols, who represents Latvia in the European Parliament, stressed that the issue remains unresolved, pointing to the need for continued negotiations between the EU and the US in order to reach a mutually acceptable solution. His comment indicates that it is not yet clear when, or even whether, an agreement will be reached that would ease the tariff burden.

Part of broader talks

The tariff question is part of the wider EU-US trade relationship, within which both sides are addressing several aspects of economic cooperation. Europe's steel and aluminum sector is sensitive to external trade barriers, which is why any changes in tariff policy are closely watched by both businesses and policymakers.

No specific timeline has been given for when the negotiations might conclude or when a new solution on this matter might be announced. Kols' statement indicates that the situation remains current and unresolved on the EU-US trade agenda.