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EU aims to solve trade 'mess', not provoke U.S.: commissioner

Reuters  |  STRASBOURG, France 

STRASBOURG, (Reuters) - The will focus on securing an exemption from U.S. metals tariffs rather than provoking a trade war, a senior said on Wednesday.

signed an order last week to impose 25 percent import duties on and 10 percent on aluminium, but with Canada, and potentially other countries exempted.

Vice told the that both parties in Congress, as well as U.S. business, shared the EU's belief in trade guided by international rules.

"This is not a dispute between and the as such. That's why the Commission will concentrate on problem-solving, instead of provoking further problems," Katainen told lawmakers in a debate about the threat.

"What we want to do is clear up this mess. I think there are good reasons why both sides will accept, at the end of the day, that we don't need, we don't want, a trade war. Instead we should concentrate on improving our trading conditions."

Dialogue with the was "intense", said, adding that the root cause of problems for and aluminium was overcapacity, a topic on which the EU, and were cooperating.

"Certain countries are using massive subsidies and producing in non-market conditions. The EU and the U.S. should and are working on this," she said.

Malmstrom, who held talks with U.S. Trade on Saturday, said she had not been given any clear reassurance that the EU would be exempted.

"We are in contact with the U.S. counterpart to obtain more clarity as soon as possible and we have been told that the USTR will publish very soon on their website a more detailed outline of the procedures for the exclusions," she said.

(Reporting by Philip Blenkinsop; Editing by Robin Pomeroy)

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

First Published: Wed, March 14 2018. 16:36 IST