Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Tariffs removal not needed for E.U., U.S. talks - European Council representative

Published 22/07/2018, 15:09
Updated 22/07/2018, 15:10
© Reuters.  Tariffs removal not needed for E.U., U.S. talks - European Council representative

BUENOS AIRES (Reuters) - The United States' removal of tariffs on steel and aluminium imports is not a necessary precondition for trade talks between the United States and the European Union to begin, the European Council representative to the G20 Hubert Fuchs said on Sunday.

That ran against French Finance Minister Bruno Le Maire's comments on the sidelines of the G20 meeting of finance ministers and central bankers in Buenos Aires on Saturday that the United States must drop the tariffs before talks can start.

"We are representing 28 member states of the European Union, not only Germany and France. We shouldn't have any preconditions for the talks," Fuchs, also Austria's state secretary for finance, said in an interview. "It's not a precondition because preconditions are never good, but it would be a great wish."

Latest comments

Ohh after hearing that I hope we crash out of the EU!
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.