Trade war: EU commissioner seeks broad tariff cuts in negotiations with US

European Commission President Jean-Claude Juncker travels to Washington today for talks focused on trade tensions

Guenther Oettinger
European Union Budget Commissioner Guenther Oettinger holds a news conference to present the EU executive's final proposal for the bloc's next long-term budget, in Brussels, Belgium | Photo: Reuters
Reuters Berlin
Last Updated : Jul 25 2018 | 12:25 PM IST

The European Union's budget commissioner, Guenther Oettinger, said on Wednesday the bloc could try to seek a wide reduction of tariffs in negotiations with the United States this year.

"In this way, we want to avoid a further escalation of the trade conflict, and to avoid a trade war," Oettinger, a German, told Deutschlandfunk radio.

"One could try to untangle the existing tariffs and then ... reduce tariffs for various goods and services."

ALSO READ: Ahead of trade talks, Trump asks EU to drop all tariffs, barriers

European Commission President Jean-Claude Juncker travels to Washington on Wednesday for talks focused on trade tensions after the US imposition of tariffs on EU steel and aluminium and US President Donald Trump's threats to extend those measures to European cars.

On Monday, the Commission said Juncker would not arrive in the United States for the talks with Trump with a specific trade offer.

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First Published: Jul 25 2018 | 12:25 PM IST

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