European Commission vice president, Jyrki Katainen, speaks in Brussels

  • There is no reason for US metal tariffs
  • EU is not willing to offer concessions for tariffs exemption
  • Would need support from EU member states for any US trade deal talks

More talk and no action still on the trade front between the EU and the US. Along with the Iran deal, it feels like the two have more differences than common ground with regards to recent geopolitical developments.