Wednesday, 18 September, 2019

Trade Representatives From US, EU, Japan Discuss New Metal Tariffs

Trade Representatives From US, EU, Japan Discuss New Metal Tariffs Trade Representatives From US, EU, Japan Discuss New Metal Tariffs
Patty Aguilar | 11 March, 2018, 04:03

The Trump administration previously indicated it would exempt Canada and Mexico from the tariffs as NAFTA negotiations are underway, and European Union Trade Commissioner Cecilia Malmström said Friday that the EU is "counting on being excluded" from the new USA tariff regime.

Malmstrom will meet with U.S. Trade Representative Robert Lighthizer on Saturday to discuss steel overcapacity and possible exonerations.

While carrying a message to Washington to push forward a diplomatic breakthrough over North Korea, South Korea's national security office chief Chung Eui-yong asked USA officials to support Seoul's request for a waiver, a presidential spokesman said.

The Europe Union's most senior trade official has said talks with the United States on an exemption for the EU from new trade tariffs mooted by Donald Trump will continue next week.

Hardt called the U.S. decision a "blow to transatlantic economic ties" and criticised U.S. President Donald Trump for seeking answers to U.S. economic problems overseas.

As U.S. President Donald Trump signed proclamations Thursday imposing 25 per cent tariffs on steel imports and 10 per cent for aluminium for nearly every country but Mexico and Canada, other nations have expressed their desire to join the lucky duo.

Newcastle United sweep aside struggling Southampton thanks to Kenedy double
Kenedy scored twice as Newcastle United boosted their hopes of staying up with a comfortable 3-0 win over Southampton . In the end, it's just what you need when you are in this type of situation. "We have confidence we can do it".

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The news also comes as the ICC steps up an investigation into how video of the Warner-de Kock altercation was originally leaked. The two officials were photographed with three spectators wearing the masks at the match at St George's Park in Port Elizabeth .

Suresh Prabhu gets additional charge of civil aviation ministry
Suresh Prabhu was already Union minister for Commerce and Industry int eh Prime Minister Narendra Modi's union cabinet. The centre is under attack for failure in granting special category status to Andhra Pradesh.

UK Steel says 7% of its steel exports go to the United States, worth £360m. If they drop their horrific barriers & tariffs on USA products going in, we will likewise drop ours.

"It is clear that any supplementary, sizeable import surge would again destabilise a European steel market that has only just begun to settle onto a sustainable growth path". It intends to hit a range of United States goods with punitive tariffs in retaliation should the bloc face the United States import taxes. According to Reuters, Japanese Trade Minister Hiroshige Seko will also join the meeting in Brussels. Brussels has reminded Trump that tit-for-tat trade measures deepened the Great Depression in the 1930s and in the 2000s cost thousands of U.S. jobs when Washington imposed tariffs on European steel.

Mr Trump says the measures will "protect the American worker" and fulfil a campaign promise.

German Chancellor Angela Merkel warned that "no one can win in such a race to the bottom" while French President Emmanuel Macron said Trump risked provoking a mutually destructive "trade war". "China would have to make a justified and necessary response", he added.

With Japan a major trade partner and worldwide investor, Suga said that, on the contrary, they contributed greatly to employment and industry in the United States.

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