EU, U.S. Working to Resolve Steel, Aluminum Dispute This Year

The transcript discusses the EU's engagement with the Biden administration, focusing on trade relations and resolving disputes from the Trump era. Key topics include meetings with US officials, the impact of the submarine contract cancellation on EU-US relations, and efforts to resolve tariffs on steel and aluminum. The EU aims to maintain open communication and resolve these issues by December.

What significant international agreement did the Biden administration rejoin, signaling America's return?

• The Kyoto Protocol

• The North American Free Trade Agreement

• The Paris Agreement

• The Trans-Pacific Partnership

What is the purpose of the Trade and Technology Council mentioned in the first section?

• To negotiate a new defense contract for France

• To impose new tariffs on US goods

• To focus on a forward-looking agenda for cooperation

• To resolve the AUKUS submarine deal issues

What was the main reason for the EU's disappointment regarding the AUKUS submarine deal?

• The deal included a large contract for a German company.

• The deal was postponed indefinitely.

• The EU was not consulted or informed about the deal.

• The EU was offered a smaller role in the deal.

What is the deadline for resolving the Trump-era tariffs on steel and aluminum?

• 1st of February

• 1st of November

• 1st of December

• 1st of January

What is one of the EU's conditions for resolving the steel and aluminum tariffs?

• The EU must impose new tariffs on US goods.

• The US must withdraw from the WTO.

• The tariffs must be increased.

• The solution must be compatible with WTO rules.