The 2021 G20 Rome summit was the sixteenth meeting of the Group of Twenty (G20), a Head of State and Government meeting held in Rome, the capital city of Italy. It was the first G20 summit hosted by the country.[1]
The Biden administration and the European Union reached an agreement on 30 October to roll back the steel and aluminium tariff regime that had been imposed by the Trump administration in 2018. The agreement retained some protection for American steel and aluminum producers by adopting a tariff-rate quota regime. It also ended retaliatory tariffs on American goods the EU had imposed and cancelled a scheduled tariff increase by the EU.[6]