A worker controls a tapping of a blast furnace at Europe's largest steel factory of Germany's industrial conglomerate ThyssenKrupp AG in Duisburg, Germany. -Reuters
US Commerce Secretary Wilbur Ross will urge the European Union to lower its trade barriers, US President Donald Trump said on Monday, calling them unfair to US farmers and industry, a view rejected by the EU and challenged by a Republican senator.
The European Commission accused Trump of"cherry-picking" data to distort the debate in a transatlantic dispute over US metals tariffs that threatens to become a trade war. The EU is seeking to be exempted from planned US import duties of 25 percent on steel and 10 percent on aluminum, but says Washington has not made clear how the exemption process works.
Trump said in a tweet on Saturday the United States was ready to drop its tariffs if the EU lowered its"horrific" rates on US products. On Monday, he tweeted that Ross would be speaking with EU representatives about eliminating"large tariffs and barriers". "Not fair to our farmers and manufacturers," he wrote.
White House Deputy Press Secretary Lindsay Walters said Ross will work closely with US Trade Representative Robert Lighthizer on determining country exemptions from the steel tariffs, specifically"whether proposed measures between the United States and another country will address the national security threat posed by that country's export to the United States of steel or aluminum products."
Ross also has primary responsibility for overseeing a process under which companies can petition to exclude specific steel and aluminum products from the tariffs. A Trump administration official said these procedures are awaiting final clearance and are expected to be published within a week.
Jeff Flake, a Republican senator from Arizona and vocal Trump critic, on Monday introduced a bill in Congress to nullify the tariffs, though it would be extremely difficult for the measure to achieve a two-thirds majority needed to override an expected Trump veto. Flake warned on the Senate floor that the tariffs risk a reversal of recent economic gains, adding:"We in Congress simply cannot be complicit as this administration courts economic disaster in this fashion."
French Finance Minister Bruno Le Maire said he was worried about the possibility of a U.S.-EU trade war, but said Europe had to respond to new U.S. tariffs on Europe. Failure to do so"would give the impression to the European people that we are weak," Le Maire told reporters European metals industry conference. The Commission said it expected to be in contact with Washington over the metals tariffs this week, but that no formal talks had been scheduled.
Meanwhile, Canadian Foreign Minister Chrystia Freeland is due to visit Washington this week from Tuesday to meet with Ross, Lighthizer and US lawmakers to senators to"advance Canada's efforts to keep trade open, fair and barrier-free, to benefit people on both sides of the border," the ministry said in a statement.
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