EU, Japan Seek to Be Excluded From US Tariffs in Talks

European Commissioner for Trade Cecilia Malmstroem right speaks with U.S. Trade Representative Robert Lighthizer prior to a meeting at EU headquarters in Brussels on Saturday

European Commissioner for Trade Cecilia Malmstroem right speaks with U.S. Trade Representative Robert Lighthizer prior to a meeting at EU headquarters in Brussels on Saturday

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

On Saturday, Trump tweeted that he had a similar conversation with Japanese Prime Minister Shinzo Abe and bemoaned that the United States is running a trade deficit with Japan.

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

Key U.S. trading partners and businesses have warned the tariffs could backfire, provoking a trade war a trade war and hurting allies like the European Union and Japan more than China, their main target.

A week of uncertainty preceded the signing as Trump spoke positively of a global trade war, and little was known about how extensive the tariffs would be. Under World Trade Organization rules, such counter-measures have to be in place within 90 days of the USA tariffs entering force.

Japan's trade minister sought an exemption from US import tariffs on steel and aluminium on Saturday and called for "calm-headed behaviour" in a dispute that threatens to spiral into a trade war.

Seko was apparently referring to the European Union threats of retaliation.

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China, the world's biggest exporter, accused the United States of carrying out protectionism in the name of national security. If the USA leaves NAFTA and all sides raise their steel tariffs, the US would certainly destroy its trade surplus with NAFTA.

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The EU is seeking clarity from Washington about whether the 28-nation bloc will be exempt from the US tariffs, which come into force in two weeks. If they drop their horrific barriers & tariffs on USA products going in, we will likewise drop ours.

Minister Hiroshige Seko told a news conference his US counterpart Robert Lighthizer had only explained the schedule and procedure of the USA actions in talks in Brussels.

Trump on Friday tweeted that he had spoken with Australian Prime Minister Malcolm Turnbull, and said there was an agreement in the works to avoid steel and aluminum tariffs on the key U.S. ally whose leader Trump has clashed with in the past.

During President Donald Trump's announcement on steel and aluminum tariffs, it's clear that the President recognizes the importance of Mexico and Canada as a market by excluding them in these tariffs as we work to renegotiate a better NAFTA.

EU Trade Commissioner Cecilia Malmstroem is meeting Saturday in Brussels with Japanese Economy, Trade and Industry Minister Hiroshige Seko.

But, after meetings with U.S. trade envoy Robert Lighthizer in Brussels today, trade officials said there had been no progress and negotiations would need to continue. Some 15 percent of steel on the U.S. market comes from the European Union, and the tariffs would be a heavy blow for the 28-member bloc. Also discussing opening up Japan to much better trade with the U.S. now have a massive $100 Billion Trade Deficit.

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