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U.S., EU, Japan agree to new steps to fight overcapacity; Malmström says no 'clarity' offered on 232 exclusions

March 12, 2018
The U.S., Japan and the European Union on Saturday agreed on new steps to address practices that spur overcapacity in areas like steel, but the EU's trade commissioner said she left the meetings in Brussels still unsure how the U.S. planned to weigh exemptions to its global steel and aluminum tariffs. The meeting between USTR Robert Lighthizer, EU Trade Commissioner Cecilia Malmström and Minister for Economy and Industry of Japan Hiroshige Seko was “a continuation of the cooperation between the...

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