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EU Trade Chief 'Still In Doubt' As To What Trump Wants

Published on Apr 13 2018 10:59 AM in Supply Chain tagged: EU / USA / Trade / trump / Cecilia Malmström

EU Trade Chief 'Still In Doubt' As To What Trump Wants

It is still unclear what Washington wants in return for a permanent EU exemption from steel tariffs, European Trade Commissioner Cecilia Malmstrom said on Thursday.

"We are still in doubt," Malmstrom said during a visit in Copenhagen.

U.S. President Donald Trump has given the EU and six countries until May 1 to negotiate permanent exemptions from tariffs of 25 percent on steel and 10 percent on aluminium.

Malmstrom said she had not received any new deadline but holds "regular discussions" with U.S. Commerce Secretary Wilbur Ross on the issue.

Last month, Trump called out the EU on Twitter, following the bloc's comments on planned tariffs on steel and aluminium exported to the US.

“The European Union, wonderful countries who treat the U.S. very badly on trade, are complaining about the tariffs on Steel & Aluminum,” he wrote on Twitter.

“If they drop their horrific barriers & tariffs on U.S. products going in, we will likewise drop ours. Big Deficit. If not, we Tax Cars etc. FAIR!"

News by Reuters, edited by ESM. Click subscribe to sign up to ESM: The European Supermarket Magazine. 

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