[U.S. Plans to Levy Customs Duties on EU Steel and Aluminum Products] U.S. Secretary of Commerce Ross, who came to Paris to attend the OECD Trade Forum on Wednesday, made clear that he would refuse to require EU to permanently exempt steel and aluminum tariffs, but the door to negotiations remains open.
According to sources, due to the huge differences between the two sides, the EU is not willing to make concessions by Friday's deadline. The United States plans to impose tariffs on EU steel and aluminum products, and the relevant decisions will be announced as early as Thursday.
On March 1 this year, President Trump of the United States announced on Thursday that it would impose tariffs on the import of steel and aluminum products, while the European Union threatened to impose equal collection on US$3.5 billion of US products. On March 23, the United States issued temporary tariff exemptions to the European Union, Australia, South Korea, Brazil, Canada, Mexico, and Argentina. The EU deadline is June 1st (this Friday).
US Commerce Secretary Ross, who arrived in Paris on Wednesday to attend the OECD Trade Forum, made clear that he would reject the EU’s request for permanent exemption of steel and aluminum tariffs, but the door to negotiations remains open.
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