|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Oil, Mining & Energy (Click here for more)

EU Asks for Permanent Exemption from US Steel, Aluminum Tariffs

BRUSSELS – The European Union lamented on Friday that the United States had announced it would be imposing steep tariffs on steel and aluminum and requested that the bloc’s temporary exemption agreed with Washington be made permanent.

EU member states had said in a series of conclusions approved at the European Council on Thursday that the tariffs could not be justified on the basis of national security, insisting that the US’ protectionist measures were an inappropriate solution to overcapacity problems.

“The import tariffs on steel and aluminum put in place by the US are a highly unfortunate unilateral action, which goes against agreed international rules,” said Commissioner for Trade Cecilia Malmströn on her official Twitter account after Friday’s meeting. “The EU is not the source of the global problems in the steel and aluminum sectors so the US and EU should be tackling such issues together.”

The 10- and 25-percent tariffs imposed by US President Donald Trump came into effect early on Friday, although at the last minute, the EU, Canada, Mexico, Australia, South Korea, Brazil and Argentina were exempted.

The announcement had been heavily lambasted by international leaders, who criticized that Trump was trying to start a trade war and that the tariffs could heighten tensions globally.

“EU Council recalls commitment to strong transatlantic relations as a cornerstone of security, prosperity for US, EU and underlines strong support for dialogue on trade issues of common concern,” said Council chief Donald Tusk on Twitter on Friday.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2020 © All rights reserved