No steel tariff exemption for EU granted yet - KWWL - Eastern Iowa Breaking News, Weather, Closings

No steel tariff exemption for EU granted yet

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(AP) -

The EU's trade chief says talks with U.S. President Donald Trump's envoy failed to secure an exemption for EU steel from upcoming tariffs that have sparked fears of a new trade war.

EU Trade Commissioner Cecilia Malmstroem said she had a "frank" discussion with U.S. Trade Representative Robert Lighthizer in Brussels on Saturday about the steel tariffs, insisting that "the European Union must be excluded" because it is a close U.S. ally.

She said she got "no immediate clarity on the exact U.S. procedure for exemption" and that new talks are planned for next week.

The two also met in Brussels with Japanese Minister of Economy, Trade and Industry Hiroshige Seko.

All three pledged in a statement afterward to work together to fight dumping that hurts jobs and industries around the world.

Trump argues the tariffs are designed to protect U.S. jobs and national security.

He said Canada and Mexico are exempt for now, and other countries could be spared if they can convince the administration that their steel and aluminum exports don't threaten American industry.

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