The 50% US tariffs on steel and aluminium have been in force since midnight on Wednesday 4 June. Despite this latest escalation, the European Commissioner for Trade, Maroš Šefčovič, is still pinning his hopes on a positive outcome to the negotiations between the EU and the United States. That same day, he met his US counterpart, US Trade Representative Jamieson Greer, in Paris.
“I explained to him that this was not helping the ongoing negotiations, especially as we are making...