Subscribe Login
Supply Chain

EU Seeks Reset In Trade Talks With US, Says Trade Chief Hogan

The European Union's new trade commissioner, Irishman Phil Hogan, was quoted on Monday as saying he would seek a reset of EU/US trade relations on a number of contentious issues when he meets his U.S. counterpart for the first time next month.

The Trump administration imposed tariffs on European steel and aluminium in mid-2018.

It has done the same to $7.5 billion worth of EU products over a dispute about subsidies for European planemaker Airbus, and is threatening action against France over a digital services tax.

Pre-Christmas Talks

Hogan, who was promoted from the role of EU farm chief this month, spoke to U.S. trade representative Robert Lighthizer just before Christmas, he told the Irish Times newspaper.

"We agreed to meet in Washington in mid-January to discuss the long list of issues causing strain in the relationship between the EU and the US. There is no point in getting into the details of resolving trade irritants unless we agree a line on a common trade agenda," he was quoted as saying.

"I will be seeking a reset of the EU/US trade relationship on issues like tariffs on steel and aluminium and the threat of US tariffs in response to a digital tax in Europe."

Import Duties

The two sides are in theory trying to forge a deal to remove overall import duties, but are stuck over farm products, which Washington says must be included and Brussels says cannot feature.

They are also at odds over Washington's paralysis of the World Trade Organization's judicial arm, a vital part of the global trading system.

The European Commission has said the bloc will act as one over the planned U.S. tariffs on French goods, and that a threat this month to increase EU-wide tariffs in relation to the Airbus dispute would make a settlement more difficult to achieve.

News by Reuters, edited by Donna Ahern, Checkout. Click subscribe to sign up for the Checkout print edition.

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

LIMITED TIME OFFER: 20% Off Our Premium Subscription
Enjoy full access to all website and app content, our weekly email news digest, and to Checkout Magazine 12 times a year (including our Top 100 Brands 2022 edition).
LIMITED TIME OFFER: 20% Off Our Premium Subscription
LIMITED TIME OFFER: 20% Off Our Premium Subscription
Enjoy full access to all website and app content, our weekly email news digest, and to Checkout Magazine 12 times a year (including our Top 100 Brands 2022 edition).
LIMITED TIME OFFER: 20% Off Our Premium Subscription