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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

Reuters  |  Berlin 

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 ...

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First Published: Wed, July 25 2018. 12:25 IST
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