View full page at forexfactory.com

 

EU Seeks Last-Minute Tariff Reprieve to Avoid Global Trade Fight

From bloombergquint.com

The European Union is seeking a last-minute deal with the U.S. to avoid inflaming global trade tensions as President Donald Trump prepares to impose tariffs on steel and aluminum imports at the end of the month. “We’re at the beginning of a decisive week,” German Economy Minister Peter Altmaier told reporters in Brussels on Monday. “We have to try to avoid higher tariffs if possible and that means we’re ready to agree with the Americans on points that are necessary in our mutual interest.” The U.S. in March imposed levies of 25 percent on steel imports and 10 percent on aluminum imports, giving some regions, ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis