EU’s Malmstrom expects EU to be excluded from US tariffs

European commissioner for trade, Cecilia Malmstrom, speaks to reporters in Brussels

  • Expects clarity from Trump on trade tariffs
  • EU still believes that tariff decision is bad and it will be bad for global economy
  • Europe is not a threat to US security, so expects exemption to apply to EU

Well, if everyone else is asking for exemptions, then why not right? The big question here will be where the line is drawn for the tariff exemptions, and on what conditions are they set?
There’s still a lot of questions to be answered on that front, so expect more of this rhetoric to come in the coming week.
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