The Biden administration faces a major dilemma in its dispute with the European Union over Trump-era steel and aluminum tariffs: back down to avoid acute pain for Harley-Davidson Inc and whiskey distillers or stick with the duties even though they are now exacerbating acute shortages for US manufacturers. The EU has threatened to double the tariffs on Harley-Davidson motorcycles, American-made whiskey and power boats to 50% on June 1, cutting off any residual hope of exports to the continent.
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