European Union files challenge to United States tariffs at trade body

European Union files challenge to United States tariffs at trade body

European Union files challenge to United States tariffs at trade body

Asked Friday about how the measures affect relations with the United States, Trudeau said it marked "a bit of a turning point, but we've always known that this administration is unpredictable".

The EU, Canada and Mexico learned yesterday that they will not be exempted from the decision of US President Donald Trump to slap tariffs of up to 25 per cent on metal imports.

Japanese Finance Minister Taro Aso said that direct discussions between Prime Minister Shinzo Abe and Trump may help resolve the issue, though Japan has refused to accept import quotas.

But now, global supply chains are seeing some of their worst fears realized as the US spins itself into a trade war with its closest allies and biggest trading partners.

- The Trump administration has decided that trade negotiations have proven fruitless and will go ahead with imposing tariffs on imported aluminum and steel from Canada, Mexico, and the EU.

"President Trump has been very clear in wanting to address trade issues", Mnuchin said.

Trudeau has been highly critical of the introduction of the new tariffs this week, describing them as "totally unacceptable" and challenging the grounds on which they were imposed.

The EU is set to retaliate with tariffs on a range of US goods, from Harley-Davidson (HOG.N) motorcycles to jeans and bourbon.

Trump has said the tariffs were necessary in order to protect USA national security, but they were widely criticized by foreign leaders, US business groups, and even some labor groups as being ill-designed and potentially damaging to the US economy.

According to the Washington Post, Trudeau was prepared to travel to Washington DC this week to finalize the renegotiation of NAFTA, before the sudden implementation of the tariffs.

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Part A of the list includes products worth $3.3 billion, which could be imposed immediately, and Part B of the list has products that can only be targeted after three years due to WTO rules, Politico reported.

Mexico also plans to retaliate on USA farms and products like pork legs, apples and cheese... So naturally, on Thursday the Trump administration took a dramatic step to disrupt United States exports and pour ice water on the economy.

Speaking at a news conference Thursday, the normally mild-mannered young prime minister expressed particular dismay that the tariffs announced by the Trump administration were being imposed on national security grounds to protect the US economy and vital industries.

Since Trump took office in 2017, Trudeau has attempted to work with his American counterpart to find an amicable agreement on the North American Free Trade Agreement despite Trump's harsh rhetoric.

And despite failing to convince Trump not to impose steel tariffs, Fox still hopes to convince them that "this is not the right mechanism to deal with" Brexit.

An official at the WTO, which oversees disputes in global trade, said the body had received a request from the European Union for consultations with the United States concerning tariffs it imposed on steel and aluminum.

Morneau has called the steel and aluminum tariffs "absurd", because Canada is by no means a security risk to the U.S. He's warned the measures will destroy jobs on both sides of the border.

Canada said it would impose tariffs on C$16.6 billion ($12.8 billion/€11 billion) worth of United States imports, including whiskey, orange juice, steel, aluminum and other products.

Mr Le Maire said US Treasury Secretary Steven Mnuchin was not surprised when confronted about the tariffs inside the talks.

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