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Amid Tariff Talks, Trade Reps Discuss Joining Forces Against ‘Unfair’ Competition
March 12-Amid the backdrop of newly announced tariffs on steel and aluminum in the United States, trade representatives from the European Union and Japan met with US Trade Representative Robert Lighthizer in Brussels on Saturday to join forces against "unfair" competition undermining "the proper functioning of international trade."
It's a timely discussion considering the new U.S. tariffs on steel and aluminum, scheduled to take effect March 23. Both the EU and Japan are expected to apply for exclusions from the tariffs.
EU, Japan Seek Tariff Exemptions
Amid other topics, the trade representatives discussed the new U.S. tariffs on steel and aluminum. Japan and the EU are considering taking actions, as permitted within World Trade Organization rules.
"We expressed our concern. It co...