US dangles steel concessions ahead of key EU Parliament votes – POLITICO

Politico News

One sticking point has been the subsequent addition by Washington of hundreds of items that contain steel — from cranes to furniture — to a list of products subject to a 50 percent U.S. tariff. That, in the view of the Europeans, violates the spirit of the Turnberry accord. 

In their call last Saturday, Greer assured Lange that many of these items would go, said the German MEP, who is also steering the enabling legislation on the deal. 

“Not everything, but a lot of them,” Lange told POLITICO’s Morning Trade newsletter, saying that there was “some movement” on that front.

The enabling legislation, which would remove tariffs on U.S. industrial goods, has been stalled for weeks in the EU chamber, as lawmakers balked at approving a deal following the U.S. Supreme Court’s decision last month to strike down President Donald Trump’s original tariffs.

The Turnberry deal had set an “all-inclusive” tariff of 15 percent on most goods. Trump quickly replaced that with a temporary 10 percent global duty.

With Trump’s threats to annex Greenland, cut off all trade with Spain, and his military campaign against Iran further undermining any vestigial confidence on the part of EU lawmakers that he will abide by his commitments, the path to final approval of the Turnberry accord is both rocky and narrow.