The European Commission said its “deep regret” for increasing duties in steel and aluminum to 50% from the US today. “We believe that this decision adds further uncertainty to the global economy and increases damage to consumers and businesses on both sides of the Atlantic. It also undermines our ongoing efforts to achieve a solution through negotiations with the US, “said Committee spokesman, responsible for Commerce Zill. He reminded that the EU, good faith, froze its countermeasures on April 14, to create space for the continuation of the negotiations. He also added that following the telephone communication between the chairman of the Commission and the US President, “the two sides agreed to accelerate the pace of talks.” In this context, the technical scales of the Commission are on the way to Washington, while Commissioner Maros Shefkovic will meet with his US counterparts on Wednesday in Paris at the […]
Source: News Beast
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