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EU says no 'immediate' clarity from US on trade tariffs

AFP  |  Brussels 

The EU's top said the US failed today to provide full clarity on how could be spared from Washington's and tariffs, but said talks would continue next week.

made her statement after crunch talks with US Trade in an effort to defuse a bitter row that many fear could turn into an all-out trade war.

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

"As a close security and trade partner of the US, the EU must be excluded from the announced measures," Malmstroem said on after the meeting.

"No immediate clarity on the exact US procedure for exemption however, so discussions will continue next week," she added.

The talks, initially set to address China's oversupply of steel, have long been in the diary, but after Trump's dramatic announcement, they became the first opportunity to defuse the crisis.

With tensions at a peak, officials kept a tight lid on the content of the meeting and sought to keep expectations of any breakthrough low.

Along with a huge range of products, the EU's hit list of flagship American products lined up for counter measures includes peanut butter, bourbon whiskey and denim jeans.

The also faced a backlash at home with his top stepping down in opposition to the tariffs and senior Republican allies voicing shock and dismay.

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

First Published: Sat, March 10 2018. 22:15 IST
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