You are here: Home » PTI Stories » National » News
Business Standard

Trump presses EU on trade barriers in tit-for-tat

AFP  |  Washington 

renewed his demand today that the halts its trade barriers to US products in order to spare his and aluminium tariffs.

The American made his comments after crunch talks in between EU negotiators and US Trade in an effort to defuse a bitter row that many fear could turn into an all-out trade war.

The EU's top trade said the US failed to provide full clarity on how and could be spared set to continue next week.

"The European Union, wonderful countries who treat the US very badly on trade, are complaining about the tariffs on & Aluminium," Trump said.

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

Donald Trump's announcement of duties of 25 per cent on and 10 per cent on aluminium has stung the European Union, along with other major partners including Japan, whose Minister also attended the talks in


"As long-standing security partners of the United States, (the EU and Japan) underlined to Lighthizer their expectation that EU and Japanese exports to the US would be exempted from the application of higher tariffs," an EU statement said after the talks.

But after two-way talks with Lighthizer, tweeted: "No immediate clarity on the exact US procedure for exemption however, so discussions will continue next week."

has gone the furthest in fighting back against Washington's shock measures, loudly announcing a list of US products to hit with countermeasures if its exports are affected by the tariffs.

In announcing the measures, taunted Trump, saying the EU could match "stupid with stupid."

Lighthizer, a loyalist to Trump's "First" mantra, made no comment after the talks, but the three sides did agree on a series of next steps to address the oversupply worldwide of steel and other materials, mainly by

This progress was "unexpected" and a source of cautious optimism on solving the row, an EU said on condition of anonymity.

"If Trump wants his allies to demonstrate that they are united in tackling problems with China, this is precisely that," the source added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, March 11 2018. 06:00 IST
RECOMMENDED FOR YOU