www.zerohedge.com by TYLER DURDEN
Nobody ever said ‘Free Trade’ was easy. As it happens, it isn’t particularly “free” either.
But for months – practically the entire summer – President Biden’s top trade representative Katherine Tai has been engaged in time-consuming negotiations with the EU’s Valdis Dombrovskis about a new system that would prevent a trade dispute with the EU that began during the Trump era from spiraling out of control.
A few weeks ago, sources told Reuters that the US Trade Rep Katherine Tai felt she could resolve the dispute by the end of October. And according to a Bloomberg report published over the weekend, it looks like a deal to remove the steel and aluminum tariffs is finally within reach.
But with Halloween just one day away, it looks like a good-old-fashioned Democratic can-kick might the only option left, with the new deadline Dec. 1 – which, incidentally, is the day US tariffs on EU goods would double without a deal…
