If the US moves forward with its tariffs, the European Union has threatened to impose retaliatory tariffs on USA orange juice, peanut butter and other goods in return.
Ross offered little detail about what the EU, Canada and Mexico could do to have the tariffs lifted.
The EU says it's ready to retaliate with its own crackdown on USA imports like peanut butter and denim jeans.
Trump invoked a 1962 trade law to erect protections for United States steel and aluminium producers on national security grounds, amid a worldwide glut of both metals that is largely blamed on excess production in China. A temporary reprieve is due to expire tomorrow.
A 25 percent tariff on steel and a 10 percent tariff on aluminum from the European Union, Canada and Mexico, which supply almost half of America's imported metal, will go into effect at midnight Thursday, Wilbur Ross, the commerce secretary, said on a call with reporters.
Two sources said Canada has prepared detailed options for retaliation, including an investigation into steel dumping from several countries, including the United States, with the possibility of imposing its own tariffs.
Canada, Mexico and Europe were exempted from import duties of 25 per cent on steel and 10 per cent on aluminum when they were first imposed in March, but those exemptions expire on Friday.
The trading partners have all warned the USA that they will impose retaliatory tariffs on US exports if the US goes through with the steel and aluminum tariffs.Читайте также: Pippa Middleton Is Radiant In Red At The 2018 French Open
U.S. Commerce Secretary Wilbur Ross said during a call with reporters on Thursday that slow progress on the NAFTA renegotiation is another reason why Canada and Mexico will now be subject to the import tariffs.
But he said that US officials are "quite willing and eager" to have further discussions with all of the parties. We have worked in an extremely intensive manner in recent weeks to avoid the increase in tariffs, to allow for an evolution towards freer markets.
French Finance Minister Bruno Le Maire called the USA tariffs "unjustified, unjustifiable and risky".
'We think on the contrary that global trade must have rules in a context of multilateralism.
Tariffs on steel and aluminum imports to the USA can help local producers of the metals by making foreign products more expensive.
In addition to discussing the matter on Wednesday with French President Emmanuel Macron, Trudeau also spoke by phone with the premiers of Ontario, Quebec and Saskatchewan.
Ross criticized the European Union for its tough negotiating position. And so the administration made a decision to lift the exemption from the tariffs for those countries. But German Economy Minister Peter Altmaier insisted the Europeans were ready to negotiate special trade arrangements, notably for liquefied natural gas and industrial goods, including cars.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
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