UNITED STATES (OBSERVATORY) – The European Union is going to ensure that the US completely abandoned the introduction of duties on metals in relation to its member countries. German Chancellor Angela Merkel called the fees unjustified, the German Wave reports. According to her, the EU should work out a common position on these measures.
German Economic Minister Peter Altmaier previously, responding to a question from the ARD channel that it would be easier for Germany to find a common position with France or formulate a proposal for the US, said that this was all “equally difficult.”
The priority of export-oriented Germany is to reach an agreement on tariff reduction for a wide range of products, especially in the production sector. The USA for Germany is the second largest export market after the EU countries.
France in turn agrees with Washington that in the market there is an excess of steel and aluminum and is ready to discuss this with the US, but only if the EU is permanently excluded from the list of those for whom tariffs will be raised.
Negotiations of the European Ministers of Economy and Trade on the US customs duties will continue, in order to give the European Commissioner for Trade Cecilia Malmström a mandate for negotiations with Washington, Merkel assured.
President of the United States Donald Trump in March announced the introduction of a duty of 25% on the import of steel and 10% – on the import of aluminum. Later, Washington postponed the introduction of new measures for the EU, Canada and Mexico until June 1.