EU DEMANDS ACTION AGAINST US STEEL AND ALUMINIUM TARIFFS AT TRILATERAL MEETING

THE PROSPECT of a grand bargain between the European Union (EU), the USA and Japan, involving action to reduce steel and aluminium overproduction, but abiding by global trading laws, has been raised. An unusual Brussels meeting on Saturday (March 10) between EU trade commissioner Cecilia Malmström US Trade Representative Robert Lighthizer and Japan’s minister for economy and industry, Hiroshige Seko, debated such a plan, and agreed to continue discussions. The goal, for the EU and Japan, is to see an end to 25% USA import tariffs on steel and 10% tariffs on ...


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