United States tariffs make China trade issues more hard to resolve, European Union says

United States tariffs make China trade issues more hard to resolve, European Union says

United States tariffs make China trade issues more hard to resolve, European Union says

The Associated Press reports that French President Emmanuel Marcon told Trump during a phone call that the new tariffs on steel and aluminum on European, Mexican and Canadian imports are "illegal" and a "mistake".

"I'm sure that the president looks forward to coming to Canada and meeting all the other leaders with many, many important issues going on throughout the world".

Cecilia Malmstrom, the European Union trade commissioner, announced the European Union would be seeking to implement a number of retaliatory tariffs on American products by June 20.

Retaliatory measures are now planned - and Europe will take Washington to the World Trade Organisation to challenge the legality of its move.

Trump had offered the two United States neighbors a permanent exemption from the tariffs if they agreed to USA demands on NAFTA, but the talks have stalled.

The 25% tariff on steel will impact half a billion dollars worth of trade between the United Kingdom and the USA, hitting steelworks such as Dalzell in Scotland.

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According to, the current trade trend is destroying the USA steel and aluminum sectors. "By people representing us who didn't have a clue", he said at the time.

The EU is set to retaliate with tariffs on a range of US goods from Harley-Davidson HOG.N motorcycles to blue jeans and bourbon whiskey. The list includes roughly 160 products such as United States sunbeds, paper towels, corduroy trousers and porcelain tableware that could face European Union tariffs between 10% to 50%.

"This is a bad day for world trade".

"We regret that our common work together at the level of the G7 has been put at risk by the decisions taken by the American administration on trade and on tariffs", he said.

Canada, the largest supplier of steel to the United States, will impose tariffs covering C$16.6 billion ($12.8 billion) on U.S. imports, including whiskey, orange juice, steel, aluminium and other products. Exemptions expired for Canada, Mexico and European Union countries on Friday, while Japanese metals producers have been paying the levies since March 23.

Japanese Finance Minister Taro Aso said that direct discussions between Prime Minister Shinzo Abe and Trump may help resolve the issue, though Japan has refused to accept import quotas.

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USA companies, too, have warned about the negative impact of the tariffs which will raise their costs.

"We're concerned that these actions are actually not conducive to helping our economy, they actually are destructive, and that is consistently held across the six countries that expressed their point of view to Secretary Mnuchin", Canadian Finance Minister Bill Morneau said at a news conference after the meeting ended in the Canadian mountain resort town of Whistler, British Columbia.

Canada has already mulled over several counter measures with the decision expected to be made after consultation with relevant ministries and heads of the regions, the channel reported Thursday. "The US economy will suffer as much as any other economy".

"Trudeau uttered some of the harshest words a prime minister has directed at an American administration in decades", said Toronto Star columnist Chantal Hebert, calling this a "watershed moment in the Donald Trump-era Canada/US relationship".

The EU earlier threatened to counterpunch by targeting USA products, including Kentucky bourbon, blue jeans and motorcycles.

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