Monday, 30 April 2018

EU Trade Commissioner Cecilia Malmstrom to hold talks with her US counterpart on exemption for EU



EU Trade Commissioner Cecilia Malmstrom is to hold last-ditch talks with her US counterpart aimed at exempting the 28-nation bloc from President Donald Trump's steel and aluminium tariffs.

 
The EU says it expects a "permanent and unconditional" exemption to replace the temporary measure running out on 1 May.


If that fails, it will launch a series of countermeasures.


Canada, the biggest exporter of steel to the US, also faces tariffs but talks have been postponed for a week.


Mr Trump imposed tariffs of 25% on steel and 10% on aluminium in March.
When China was hit, it retaliated with its own duties on US imports such as pork, fruit and wine. Mr Trump responded by calling for further US tariffs.




BBC      News.