"We are not in a trade war", Malmstrom said Friday. What's stoking fears of a full-blown trade war this time are Trump's singling out of China for retaliation for intellectual property theft, the tit-for-tat actions by the US and its closest allies over metal tariffs, and Trump's invocation of national security to justify some of his moves - which could open a Pandora's Box of similar claims by other nations.
The Trump administration has demanded that Beijing make concessions and threatened to punish it for allegedly stealing US technology by imposing tariffs on $50 billion of imports from China. The Trump Trade War is going to hurt American security and American workers. "Congress can not sit idly by as Donald Trump continues to isolate the United States and cede leadership to Russian Federation and China on the global stage".
The EU's Trade Commissioner Cecilia Malmstrom told reporters: "I would not use the term trade war because it has a psychological effect as well and we are not there".
Washington cited national security reasons for the tariffs.
"The US measures are a protectionist intervention in global trade and run counter to the principles of the World Trade Organization", the body said in a statement, сalling for a swift WTO decision on challenges to the tariffs.
US Commerce Secretary Wilbur Ross said that no reprisals over the measure will have an impact on the American economy.
The Wolfsburg-based company is calling for dialogue between the US and the European Union within recognized World Trade Organization principles "in order to prevent any long-term economic damage".
United Kingdom steel bosses have also expressed fears of the effect tariffs will have on the industry , saying that the USA move is a "big mistake".
His strong words followed swift responses to his tariffs by Canada, Mexico and the European Union, which all plan to retaliate with levies on billions of dollars of USA goods from orange juice and whiskey to blue jeans and Harley-Davidsons.
Next Chelsea manager: Maurizio Sarri to seek constructive dismissal from Napoli
Zidane announced he was leaving Los Blancos just five days after overseeing the club's third consecutive Champions League title. I am not exhausted of coaching after three years. "It's one of the teams I loved when I was a kid".
And British Prime Minister Theresa May said Friday that she was "deeply disappointed at the unjustified decision".
In a statement, European Commission President Jean-Claude Juncker said "this is protectionism, pure and simple".
"We were not at the negotiating table".
Likewise, the Trump trade team sought to use the tariff threat to pressure Europe into reducing barriers to USA products.
The U.S. tariffs coincide with - and could complicate - the Trump administration's separate fight over Beijing's strong-arm tactics to overtake U.S. technological supremacy. "By people representing us who didn't have a clue", he said at the time. But the US and China both propose justifying tariffs under domestic law, rather than following established WTO procedures, which could undermine the WTO's ability to mediate.
"Canada is a secure supplier of aluminum and steel to the USA defense industry, putting aluminum in American planes and steel in American tanks", Trudeau said.
Brussels and Ottawa on Friday filed legal challenges at the World Trade Organization against Washington's decision. The US President has threatened to respond to any new EU trade barriers with a tax on cars produced by European automakers. "One can think about making voters happy by saying, 'I have a victory, I'll change the rules, you'll see'".
As for the U.S.'s national security argument, Fox said, "In the case of the United Kingdom, we send steel to the USA that is vital to their defence industry; it is patently absurd".
At the Group of Seven ministerial meeting in Canada, US Treasury Secretary Steven Mnuchin faced stern reactions from his counterparts, who accused Trump of jeopardizing the world economy with steps that would prove job killers for all concerned.