EU tariffs on American goods now include a variety of products ranging from motorcycles to bourbon. Malmstrom did not give a specific list of which American products would be tariffed next.
Moving Forward
Larry Kudlow, Trump’s top economic adviser, says that he expects Juncker to present an interesting plan. EU officials, however, are downplaying the novelty of Juncker’s planned offer.
One idea was to remove car tariffs altogether. American car companies could import to Europe freely, and vice versa. When reporters asked Malmstrom about the idea on Thursday, she said that such an idea could work, but only as part of a larger agreement.
She also said that Juncker’s visit isn’t to negotiate, but to establish good relations. She said that Juncker will try to find the best way to de-escalate the trade war and pave the road for further discussions.
