The U.S. and European Union have resolved a steel and aluminum tariff dispute which was overhanging U.S. ag exports.
The EU will lift retaliatory tariffs imposed on U.S. corn, pork, dairy products, rice, and other commodities in exchange for the U.S. proving tariff-free access to steel and aluminum.
Kip Eideberg with the Association of Equipment Manufacturers tells Brownfield the new agreement will help address steel shortages and soaring prices that have hurt equipment manufacturers.
