25.09.2022

The EU does not expect a breakthrough on the tariffs of the United States at the G7 summit

The European Union does not expect any breakthrough in respect of tariffs for steel and aluminum, imposed by the United States in relation to the EU and Canada, in the negotiations of the leaders of the countries “Big seven” in Canada this week, according to a senior EU representative.

“We do not expect any breakthrough in the dispute with the United States in Charlevoix,” said the official.

The leaders of the “Big seven” – the U.S., Canada, Japan, UK, Germany, France and Italy – will meet in the city of Charlevoix in Canada on June 8-9.

Financial leaders of America’s closest allies have expressed their dissatisfaction with the tariffs on imported metal, which entered the US President Donald trump, completing the three-day meeting with harsh rebuke of Washington and postponing the struggle to the summit G7.

Six member countries “the Big seven” issued a statement in which he asked the US Treasury Secretary Stephen Mnuchin to pass “unanimous concern and disappointment” about the tariffs to the President Donald Trump.

As reported “Vesti.Economy,” in March, the President of the United States Donald trump has signed a decree on the introduction of duties on import of steel and aluminum in the amount of 25% and 10% respectively.

The United States granted temporary release from duties for EU countries as well as Canada and Mexico. However, from 1 June, the exemption of duties is not valid for these countries.

The United States will maintain sanctions against North Korea

The policy of tough sanctions the White house against North Korea has not changed, said the administration of US President Donald trump, reports Reuters.

The flag of the DPRK EPA-EFE/ALEXANDER BECHER

This statement appeared a few days later after trump announced that he no longer wants to use the phrase “maximum pressure” to describe a campaign to counter the DPRK’s nuclear programme.

After a meeting with a senior official from Pyongyang in the White house, trump said that North Korea has started to cooperate more actively. According to trump, the United States will maintain the current sanctions against North Korea, but will not enter a new one.

Trump said he no longer wants to use the term “maximum pressure”, because both sides have established mutual understanding.

Press Secretary of the White house Sarah Sanders told reporters: “we Have sanctions, they are very hard, and we will not remove the sanctions until the DPRK not conduct a complete denuclearization”.

How to write “News.Economy”, 24 may, the President of the United States Donald trump has canceled a planned June summit with North Korean leader Kim Jong-UN, even after North Korea began to fulfill the promise to destroy nuclear test site.

Recalling scheduled for June 12 meeting with Kim in Singapore, trump said in a letter to North Korean leader: “unfortunately, based on the huge anger and open hostility displayed in your last statement, I believe that it would be inappropriate to conduct this meeting”.

Later, however, trump said that his team arrived in North Korea for a summit between himself and North Korean leader Kim Jong-UN.

Merkel: Germany is preparing a statement about the US tariffs

Germany is preparing a statement on the strategic impact of tariffs on imports from the United States for its auto industry, said German Chancellor Angela Merkel.

EPA-EFE/OMER MESSINGER

At the same time, Merkel stressed that the answer to imposed by Washington duty on steel and aluminium will be pan-European.

In March, the President of the United States Donald trump has signed a decree on the introduction of duties on import of steel and aluminum in the amount of 25% and 10% respectively.

The United States granted temporary release from duties for EU countries as well as Canada and Mexico. However, from 1 June, the exemption of duties is not valid for these countries.

How to write “News.Economy,” German Finance Minister Olaf Scholz said earlier that the US decision to impose tariffs on canadian, European and Mexican steel and aluminium violates international law.

“It’s not a good day for the transatlantic relationship,” said Scholtz on the way to a meeting with his counterparts from the “Big seven” in the canadian ski town of Whistler in British Columbia.

“This unilateral decision is erroneous, and in my opinion, is contrary to international law,” said Scholz, stressing the importance of supporting rules-based system of free trade.

He said that the European Union will respond “decisively and wisely”, coordinating the EU and partners of the unit.

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