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EU Trade Commissioner Says EU's Offer May Not Satisfy US on Steel, Aluminum Tariffs

With Europe's steel and aluminum tariffs exemption expiring in eight days, European Union Trade Commissioner Cecilia Malmstrom told reporters in Brussels that the U.S. may not accept the bloc's trade concessions. According to a report in The Guardian, the EU…

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has offered to up LNG imports from the U.S., change the terms of trade on cars and discuss World Trade Organization reforms, but all of these are conditioned on the U.S. dropping the threat of tariffs. According to The Guardian, Malmstrom said on May 22: “Is this going to be enough? I am not sure, frankly."