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EU willing to discuss cutting trade barriers with U.S. - Merkel

Europe Materials 17 May 2018 11:48 (UTC +04:00)
The European Union is willing to discuss cutting trade barriers with the United States, but only in a reciprocal way and only if Washington does not impose import tariffs on EU metals
EU willing to discuss cutting trade barriers with U.S. - Merkel

The European Union is willing to discuss cutting trade barriers with the United States, but only in a reciprocal way and only if Washington does not impose import tariffs on EU metals, German Chancellor Angela Merkel said on Thursday, Reuters reports.

U.S. President Donald Trump has imposed import duties of 25 percent on steel and 10 percent on aluminum on grounds of national security, but granted EU producers a temporary exemption until June 1 pending the outcome of talks.

“We have a common position. We want a permanent exemption and then we are ready to talk how we can reciprocally reduce the barriers to trade,” Merkel told reporters before a summit of EU leaders in Bulgarian capital Sofia.

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