EU EXPECTS US TO EASE METALS TARIFFS SOON The European Union expects the US to soon reduce the scope of its 50% tariffs on steel- and aluminum-containing products, a key friction point in transatlantic trade. Currently, the list of derivative products subject to the high tariff exceeds 400 items, complicating compliance and undermining last year’s US-EU trade deal. The planned changes would not affect raw metals tariffs. The adjustment comes amid uncertainty following a U.S. Supreme Court ruling and a new 10% global levy, with EU officials in active talks to preserve the trade accord while navigating policy transitions.(*Walter Bloomberg)