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Trump's Tough Stance on Unfair Trade Forces EU to Negotiating Table

Trump's Tough Stance on Unfair Trade Forces EU to Negotiating Table

Trade Commissioner Phil Hogan’s most urgent task will be to defuse a row over a French digital tax that Washington has pledged to avenge by imposing duties on $2.4 billion of French goods.

“In a nutshell, we expect this engagement to be a stepping stone in an effort to refresh and invigorate a positive transatlantic trade relationship,” he said

The earliest transatlantic skirmish came when Trump imposed tariffs on steel and aluminium imports, notably from the EU, which responded by taxing iconic U.S. products, including denim jeans and motorcycles.

Trump has also been threatened duties on European cars, which is of particular concern to Germany, but has so far backed down under the pressure of U.S. Congress.

Finally, the World Trade Organization (WTO) has authorised Washington to impose punitive taxes on $7.5 billion of European products, part of the decades-long dispute over European subsidies to Airbus.

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