Our Laura Skana writes, in her latest blog, about the state of Transatlantic relations amidst an ongoing trade war.
Commerce Secretary Ross expressed that the EU is part of the influx in the US and the global overcapacity problem, specifically in steel and aluminum. This and the ‘national security’ justification of the tariffs did not sit well with the European side of the Transatlantic Security Community, and rightly so.
Despite the commitment to dialogue, is it undisputed that further action in the trade domain will have significant influence on the transatlantic relationship. This opinion was shared by EU trade chief Malmström, who said that the measures will negatively impact the transatlantic relations as well as global markets.
You can read the whole blog on EurActiv's website.#trade #international trade #EU-US #trade tariffs #trade war #WTO #steel #aluminium