Published: Sun, March 11, 2018
World Media | By Shelia Harmon

United States allies line up for exemptions from Trump's tariffs

United States allies line up for exemptions from Trump's tariffs

"But we have to do it", EU Commission President Jean-Claude Juncker had said Friday. In the end, that tends to hurt all sides as exporting producers suffer but so do consumers who face higher costs, experts say.

The DIHK trade group, BDA employers association, BDI industry group and German Confederation of Skilled Crafts said: "German industry is extremely concerned about the decisionof the USA government to imposed far-reaching punitive tariffs".

"That is the signal we have to send to Trump that it is not a path we should follow".

"As a close security and trade partner of the United States, the European Union must be excluded from the announced measures", Malmstrom wrote on Twitter.

Argentina's Foreign Ministry also issued a press release saying that it will seek to join Mexico and Canada in getting an exemption from US tariffs on steel and aluminum imports. The U.S. bought 5 percent of Japan's steel a year ago but just 1.1 percent of China's steel.

The EU is also maintaining a threat of counter-measures that would target United States imports ranging from maize to motorcycles and may publish its list next week to allow industry and other interested parties to give their input. "There are some countries in the world that do not necessarily respect the World Trade Organisation agreements, and which impose technology transfers". He spoke only on condition of anonymity to relay details of the envoys' comments.

EU Trade Commissioner Cecilia Malmstroem said after meetings in Brussels that she got "no immediate clarity on the exact United States procedure for exemption", and that new talks are planned next week.

Foreign steel producers are not only concerned about losing access to the US market but also that steel from other exporters will flood already saturated markets, threatening jobs elsewhere.

EU Trade Commissioner Cecilia Malmstroem told reporters in Brussels that Trump's rationale appears to invoke the global legal right to protect national security. They say that this can only be addressed by continued cooperation, getting to the source of the problem and working together.

"Europe is certainly not a threat to American internal security so we expect to be excluded", Ms Malmstrom told reporters before speaking at a conference in Brussels.

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

The EU executive said it remained unclear how an exclusion would work.

The European Union, wonderful countries who treat the US very badly on trade, are complaining about the tariffs on Steel & Aluminum. Therefore the current signals from the US make me anxious.

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