{"id":75785,"date":"2018-05-02T21:06:05","date_gmt":"2018-05-02T21:06:05","guid":{"rendered":"http:\/\/www.bnreport.com\/germanys-call-for-trade-talks-with-trump-risks-eu-divisions-2\/"},"modified":"2018-05-02T21:06:05","modified_gmt":"2018-05-02T21:06:05","slug":"germanys-call-for-trade-talks-with-trump-risks-eu-divisions-2","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/germanys-call-for-trade-talks-with-trump-risks-eu-divisions-2\/","title":{"rendered":"Germanys call for trade talks with Trump risks EU divisions"},"content":{"rendered":"<p>The German government Tuesday called for a negotiated settlement with U.S. President Donald Trump to avoid the <a href=\"https:\/\/www.politico.eu\/pro\/donald-trump-grants-key-allies-extra-month-of-relief-from-steel-aluminum-tariffs\/\" rel=\"noreferrer\" target=\"_blank\">imposition of steel and aluminum tariffs<\/a> in June, in a move that could strain relations with Paris.<\/p>\n<p>Berlin, which has been defensive of its manufacturing and automobile sector, has been far more open to offering trade concessions to its U.S. counterparts and Tuesday called for talks to avoid an \u201cescalation.\u201d<\/p>\n<p>\u201cNeither the European Union nor the United States can have an interest in an escalation in our trade relationship. On the contrary, both the U.S. and the EU would profit from further deepening our trade ties,\u201d Germanys government said <a href=\"https:\/\/www.bundesregierung.de\/Content\/DE\/Pressemitteilungen\/BPA\/2018\/05\/2018-05-01-us-handelszoelle.html;jsessionid=A7EEE6871C9EEEE7BA26ADB42935B661.s4t1\" rel=\"noreferrer\" target=\"_blank\">in a statement<\/a>, adding: \u201cIt is especially important that the EU has engaged in talks with the United States and will continue to do this.\u201d<\/p>\n<p>Trump has often threatened to tax Germanys car exports if the EU hits back against his steel tariffs.<\/p>\n<p>Berlins tone is markedly softer than that of the European Commission, which Tuesday <a href=\"https:\/\/www.politico.eu\/pro\/eu-slams-donald-trump-for-short-delay-on-steel-tariffs\/\" rel=\"noreferrer\" target=\"_blank\">warned that the EU<\/a> \u201cwill not negotiate under threat.\u201d<\/p>\n<p>France once again called for EU countries to remain united. \u201cNo reason whatsoever justifies that the EU be subjected to unilateral tariff increases on steel and aluminum,\u201d Frances ministers for Europe and the economy, Jean-Yves Le Drian and Bruno Le Maire said in a joint statement. \u201cThe European Union must stay united and stand together, as it has done these past weeks,\u201d they added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The German government Tuesday called for a negotiated settlement with U.S. President Donald Trump to..<\/p>\n","protected":false},"author":1,"featured_media":75786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-75785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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