USA 'closed the door' on tariff talks — European Union trade official

USA 'closed the door' on tariff talks — European Union trade official

USA 'closed the door' on tariff talks — European Union trade official

President Donald Trump's tariffs on aluminum and steel put a number of nations on edge. She has called the USA tariffs "pure protectionism" and "illegal" under rules governed by the World Trade Organization.

The latest negotiations came as President Donald Trump pushes China to assure the U.S.it will seek to reduce the $375 billion US merchandise trade deficit with China by $200 billion.

"Mexico can adjust the composition of the list of products originating from the United States", the ministry warned.

Mexico filed the complaint after Trump decided not to extend a temporary exemption granted in March to the EU, Canada and Mexico.

Mexico is putting tariffs on imports of USA steel and farm products - including pork, cheese, apples and potatoes - as it hits back at the US for the Trump administration's tariffs on steel and aluminum products from Mexico, Canada and the European Union.

Other US allies have also reacted with fury and retaliation, with fears building of a global trade war.

Mexican President Enrique Pena Nieto and his Canadian counterpart, Justin Trudeau, spoke as soon as Washington announced the new duties.

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Mexico will impose tariffs of 15 percent to 25 percent on U.S.

Mexico has received backing in the dispute from its domestic business sector. However, the United States remains a large net importer of petroleum.

So the Trump administration's new tariffs on NAFTA partners as well as its goal of adding a sunset provision to NAFTA almost guarantees that fewer companies will allow their supply chains to straddle North American borders.

Ties between Washington and Mexico City have also been strained over immigration.

The US and China have held trade talks to deescalate tensions between the two sides.

Pena Nieto had previously scrapped a visit in January previous year because of Trump's insistence that Mexico pay for the wall, which he wants as part of his efforts to curb immigration.

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