EU expects US to lower steel, aluminum tariffs within weeks, Bloomberg News says

European Union officials expect the US to lower tariffs on goods containing steel and aluminum within weeks, potentially easing a major source of friction in transatlantic trade ties, Bloomberg News reported on Tuesday, citing people familiar with the matter.

The planned changes would not affect tariffs on commodity-grade forms of the metals, the report said.

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Reuters could not independently verify the report.

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The potential move comes as broader trade negotiations face renewed uncertainty after a US Supreme Court ruling limited the administration's ability to invoke emergency powers to impose sweeping "reciprocal" tariffs, clouding prospects for a comprehensive agreement between Washington and Brussels.