Trump to EU: We'll drop our tariffs if you drop yours

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Separately, the European Union and Japan were yesterday in talks with Trump's trade envoy looking to be excluded from United States steel and aluminum tariffs, with the European Union warning that it would retaliate if Washington does not relent.

Other officials at the EU, by far the biggest trading partner of the United States by value, have warned it could take countermeasures including European tariffs on U.S. oranges, tobacco and bourbon.

In Brussels on Saturday, US trade representative Robert Lighthizer met with his European Union and Japanese counterparts, but the meeting offered little new clarity amid fears of a global trade war. The EU wants to find out exactly what mandate he has and precisely what conditions allow exemptions, but it is ruling out any negotiations for US market access.

"If they drop their horrific barriers & tariffs on USA products going in, we will likewise drop ours".

Europe's trade chief Cecilia Malmstrom described talks with Lighthizer as "frank" and said they had not brought clarity on the exemption procedure.

Under WTO rules, such countermeasures have to be in place within 90 days of the USA tariffs entering force.

The EU insists that it is committed to open, global trade, and that Trump's tariffs are a protective measure to prop up USA industry that could undermine the worldwide trading system.

"Obviously any time you do anything we have to analyze the risks", he said.

Woodburn students to join national walkout
However, the law empowers schools to establish limitations to maintain order and minimize disruption to the school day. Hoffman said students would leave class on March 14 and march on Broadway to Chelsea City Hall for a gathering.

He said those exclusions would apply because "we can't make that product or there are national security issues".

"We are friends. We are allies".

Brazil, which after Canada is the biggest steel supplier to the US market, said it wanted to join the exemption list, and Argentina made a similar case.

Europe's main steel federation said Trump's reasons for slapping tariffs on steel and aluminum are absurd and warned that the move could cost tens of thousands of jobs across the continent.

While carrying a message to Washington to push forward a diplomatic breakthrough over North Korea, South Korea's national security office chief Chung Eui-yong asked US officials to support Seoul's request for a waiver, a presidential spokesman said.

The EU exports around five billion euros' ($4 billion) worth of steel and a billion euros' worth of aluminium to the United States each year, and the European Commission, the bloc's executive arm, estimates Trump's tariffs could cost some 2.8 billion euros. Shares in European steel makers fell, although Germany's two biggest producers, Thyssenkrupp and Salzgitter, have insisted the impact on them will be limited.

President Donald Trump's sharp turn toward protectionism over the last week has been a victory for advisers such as Peter Navarro and Wilbur Ross, who had been pushing the president to slap tariffs on foreign goods.

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