US Signs Off On Tariffs, Angering Trade Partners

US Signs Off On Tariffs, Angering Trade Partners

US Signs Off On Tariffs, Angering Trade Partners

The dispute has fuelled concerns that soybeans, the United States' most valuable export to China, might be caught up in the row after Beijing launched an inquiry into imports of USA sorghum, a grain used in animal feed and liquor.

Trade representatives for Japan and the European Union met with the US trade representative Saturday in an effort to avoid a trade war over President Donald Trump's new tariffs on aluminum and steel.

Budget 2018 contained no new policies that will help Canadian steel and aluminum workers deal with USA protectionist policies and trade disruptions.

Dealers, carmakers and suppliers were quick to criticize President Donald Trump's order imposing tariffs on imported steel and aluminum with the exception of imports from Canada or Mexico. The Trudeau government is failing to take these trade disputes and other trade irritants seriously.

Earlier on Friday the EU's trade chief said the bloc expects to be excluded from USA steel and aluminium tariffs but will go to the World Trade Organization to impose its own measures if Washington presses ahead.

Ms Malmstrom said on Friday that she would seek clarity on the U.S. decision and was counting on an European Union exemption.

"We call for calm-headed behaviour", he told reporters.

"He only explained the schedule and the procedures", he said. "We will look at the impact on Japanese businesses and make a final decision".

She said she got "no immediate clarity on the exact USA procedure for exemption" and that new talks are planned for next week.

Mr Trump justified his move by invoking a rarely used USA law authorising presidential action against imports that undermine national security.

The visit had been planned for weeks as a follow-up discussion on overcapacity, seen by observers as a swipe at China.

Canada is expressing cautious optimism after Trump announced the country is exempt from the new steel and aluminum tariffs.

European Commission chief Jean-Claude Juncker on Friday threatened to hit big-name U.S. brands such as Harley Davidson motorbikes and Levi's jeans with import duties, prompting Trump to fire back a threat to tax cars from the EU.

"Donald Trump doesn't care much about the rules", he said. Tariffs would "seriously impact the normal order of global trade", the Commerce Ministry said.

The European Commission, which coordinates trade policy for the 28-nation EU, the world's biggest trading bloc, has said it is ready to impose safeguards, tariffs or quotas to protect its own steel and aluminium industries from products diverted to Europe because of the US measures.

French President Emmanuel Macron on Friday warned his USA counterpart Trump against forging ahead with the planned tariffs, saying they risked provoking a mutually destructive "trade war".

The fact that Canada might be included on the initial hit list had become a political sore spot for the administration, as US critics of the move ridiculed it by zeroing on the idea of national-security tariffs against a peaceful next-door neighbour and defence ally.

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