STREAMING NOW: Watch Now

EU trade official: US 'closed the door' on tariff talks

Europe was willing to lower its tariffs on automobiles and cooperate with the United States. But the Trump administra...

Posted: Jun 6, 2018 3:58 AM
Updated: Jun 6, 2018 3:58 AM

Europe was willing to lower its tariffs on automobiles and cooperate with the United States. But the Trump administration walked away.

That's EU trade commissioner Cecilia Malmstr-m's account of last-minute talks with the Trump administration that failed to produce a breakthrough and led to the imposition of US tariffs on steel and aluminum from Europe.

Malmstr-m said that the United States "closed the door" following the EU offers. The bloc has responded to the metals tariffs by filing a legal challenge and moving to impose tariffs on American products including bourbon and motorcycles.

"We do this because we have to," Malmstr-m told CNN's Christiane Amanpour. "I'm not doing this with a happy smile, but this has to be the consequence."

Malmstr-m said the European Union must fight back in order to protect global trading rules. She has called the US tariffs "pure protectionism" and "illegal" under rules governed by the World Trade Organization.

Related: CEOs are scaling back hiring and spending because of trade fears

Trump has frequently called out allies for being unfair on trade, arguing that they have high tariffs that block out American goods and lead to trade imbalances.

Malmstr-m said that imbalances are about more than just trade and tariffs. They are also related to savings, tax systems, consumption patterns and the dynamics of supply and demand, she said.

The Trump administration has imposed steel and aluminum tariffs on other countries including Canada and Mexico. It has also said it will impose tariffs on $50 billion in Chinese imports.

Oregon Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 19978

Reported Deaths: 338
CountyConfirmedDeaths
Multnomah460893
Washington292124
Marion275568
Umatilla214126
Clackamas146438
Malheur71512
Deschutes5558
Lane5403
Jackson4211
Lincoln4149
Yamhill40412
Union3922
Jefferson3323
Morrow3272
Polk30112
Linn26310
Klamath2001
Hood River1780
Wasco1723
Benton1626
Douglas1401
Josephine1082
Coos890
Columbia860
Clatsop830
Crook421
Baker360
Tillamook340
Lake320
Wallowa191
Curry140
Sherman140
Harney100
Gilliam40
Grant20
Unassigned00
Wheeler00
Eugene
Clear
56° wxIcon
Hi: 75° Lo: 50°
Feels Like: 56°
Corvallis
Few Clouds
53° wxIcon
Hi: 82° Lo: 55°
Feels Like: 53°
Roseburg
Clear
59° wxIcon
Hi: 77° Lo: 53°
Feels Like: 59°
North Bend
Overcast
60° wxIcon
Hi: 67° Lo: 52°
Feels Like: 60°
KEZI Radar
KEZI Temperatures
KEZI Planner

LATEST FORECAST

Community Events