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Parliamentary questions
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14 September 2018
Answer given by Ms Malmström on behalf of the European Commission
Question reference: E-003480/2018

The Commission is concerned about the growing trade tensions which are detrimental to all international trade actors and put at risk the rules-based multilateral trading system. This is why the Commission has decided to react to the unilateral and unjustified decision of the United States (US) to impose steel and aluminium tariffs on the EU with a response that is measured, proportionate and fully in line with World Trade Organisation (WTO) rules.

As the Honourable Member will be aware, on 25 July 2018 Presidents Juncker and Trump issued a Joint Statement in which the EU and the US pledge to work together towards zero tariffs, zero non-tariff barriers and zero subsidies on non-auto industrial goods(1). Both sides also committed to strengthen our regulatory dialogue and work together to reduce barriers and increase trade in services, chemicals, pharmaceuticals, medical products, and soybeans and to strengthen our cooperation in the field of energy. Both parties pledged to join forces to protect American and European companies from unfair global trade practices, notably through WTO reform.

In addition to this, the Commission intends to maintain a clear and steady engagement with all relevant counterparts in the US and to keep underlining the importance of the transatlantic trade and investment relationship and our mutual interest to protect and improve it. The Commission will also continue to stress the shared interest to work together to address global challenges, such as overcapacities in key sectors.

The Commission is ready to take leadership to address the causes of international trade tensions by modernising the international trade rulebook and to make the WTO more relevant and adaptive to a changing world and more effective in all its functions.


Last updated: 14 September 2018Legal notice