AMERICA FIRST: Trump SLAMS EU, Canada, Mexico with STEEL Tariffs

AMERICA FIRST: Trump SLAMS EU, Canada, Mexico with STEEL Tariffs

AMERICA FIRST: Trump SLAMS EU, Canada, Mexico with STEEL Tariffs

On Wednesday, US trade envoy Mr Ross said that the US and European Union could still press ahead with a trade deal even with tariffs in place.

Other key European politicians are already threatening to retaliate in what could be an early salvo in a nascent trade war.

Jean-Claude Juncker, president of the European Commission, added that the U.S. tariffs are "protectionism, pure and simple". In March, he said the United States would impose tariffs on imported steel and aluminium.

The assumption is that Trump is using tariffs to squeeze better trade terms out of China and the European Union, and to put the pressure on Canada and Mexico to reform the North American Free Trade Agreement (Nafta).

Some stocks of USA companies that could be adversely affected by the tariffs, or by possible retaliatory action against the US, headed down. "Make America Great Again" shouldn't mean 'Make America 1929 Again".

"We continue to be quite willing and indeed eager to have further discussions", Ross added.

Thursday's action also is expected to complicate USA efforts to confront China over trade practices that the administration regards as unfair.

"We believe that this combined package achieves the original objectives we set out, which was to constrict imports to a level to allow those industries that operate domestically to do so on a self-sustaining basis going forward". Noting her discussions with USA officials, she said.

"Canada considers it frankly absurd that we would in any way be considered to be a national security threat to the United States", Freeland told reporters Wednesday.

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Trudeau added that Canada is a secure supplier of aluminum and steel to the United States defence industry, "putting aluminum in American planes and steel in American tanks".

"We will defend the Union's interests, in full compliance with worldwide trade law". EU Trade Commissioner Cecilia Malmstrom has said the details of the US decision would guide the EU's response.

French President Emmanuel Macron, meanwhile, called the move was illegal.

USA and European officials held last-ditch talks in Paris to try to reach a deal, though hopes are low and fears of a trade war are mounting.

The Trump administration has granted indefinite exemptions to Argentina, Australia and Brazil, given agreements in principle reached with those trading partners.

"We are very concerned that these unjustified unilateral measures put at risk the many industrial clusters, innovation hubs and transatlantic synergies we share with the U.S.", European Aluminum, an organization that advocates for the industry at the the E.U. level, said in a statement. The US wants to use tariffs as a bargaining tool for other negotiations. "These actions have thrown all of that up in the air".

More than 60 percent of USA auto imports - an industry that closely binds U.S. and Canadian manufacturing - come from G7 countries, as well as more than 50 percent of aluminium imports and almost 36 percent of steel. Patrick Toomey, R-Pa. "In addition to higher prices, these tariffs invite retaliation". "There is too much abuse", Mr Ross said.

Witte reported in Berlin.

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