Economy

EU lacks the US’s ambition for equity in worldwide commerce — Lighthizer

The Trump administration’s high commerce consultant Robert Lighthizer has criticised the EU for failing to match the US’s ambition for a “degree taking part in subject” in worldwide commerce.

The feedback observe months of transatlantic stress over commerce. The US has lengthy been vital of the EU’s refusal to incorporate agriculture into any commerce talks, whereas the EU has been sad with US levies on EU metal and aluminium, and its risk to impose new tariffs on automotive merchandise.

Testifying earlier than the senate finance committee in Washington on Tuesday, Mr Lighthizer mentioned the US ought to be “clear-eyed and practical” about its allies.

“They agree with us on many essential issues however don’t at all times have the identical degree of ambition as america in securing a degree taking part in subject in worldwide commerce,” he mentioned, arguing that the EU’s tariff and non-tariff boundaries harmed US exporters, notably in agriculture.

Mr Lighthizer mentioned the US would “rise up for the American employee and farmer as wanted”.

“Now we have proven that we’ll not be complacent whereas different international locations, allies or in any other case, benefit from American employees, farmers, ranchers, and companies,” he mentioned.

The feedback are more likely to gas European considerations that Mr Trump will take an much more aggressive posture in direction of Brussels as soon as the US commerce dispute with China is resolved, in a bid to bolster his picture as a troublesome president on commerce.

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