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7 Mar 2018
EU's Malmstrom: US trade tariffs would damage transatlantic relations
Cecilia Malmstrom, EU's trade commissioner, was out on the wires in the last hour, commenting on the US President Donald Trump’s proposal to steep steel and aluminium tariffs.
• Have serious doubts about justification for steel and aluminium tariffs
• Still hopes that the EU will be excluded from US tariffs
• Talking to different partners to co-ordinate WTO challenge
• EU getting ready to put in place safeguard measures to prevent metal flooding into EU
• Root cause of problem with steel and aluminium is over capacity
• EU will respond to any tariffs in proportionate way