Tough trade talks ahead for EU's Jean-Claude Juncker in Washington

Wednesday, July 25, 2018 | Tag Cloud Tags: , , , , , , ,

(Worthy News) - European Commission President Jean-Claude Juncker is not shy when it comes to being friendly to people he needs to negotiate with. In Brussels, he is known for hugging, kissing and cuddling almost everyone if it serves the cause, namely a relaxed mood. It remains to be seen how US President Donald Trump will react to the Commission president's body language during one-on-one talks in the Oval Office on Wednesday.

Trump has imposed punitive duties on steel and aluminum imports from the EU. The bloc responded with retaliatory duties on US goods. Both sides have filed complaints against each other with the World Trade Organization (WTO). Trump has been threatening customs duties on European cars for months, a move that could hit the German automotive industry particularly hard.

The president's chief economic policy advisor expects Europeans to make an offer for tariff-free trade. "Jean-Claude Juncker is coming to Washington next week, possibly with a significant trade offer," Larry Kudlow told CNBC last week. A few days later, the EU Commission announced that no offers were being put on the table in Washington. [ Source: Deutche Welle (Read More...) ]

Copyright 1999-2017 Worthy News. All rights reserved.
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Leave a Comment