RUNNING SCARED: EU officials hold SECRET MEETING on Trump trade war – ‘Prepare for WORST!’

Tuesday, August 7, 2018
By Paul Martin

DONALD Trump’s economic rivals have held a secret meeting in Geneva where they discussed their planned response to US tariffs introduced in the ongoing trade war.

Tue, Aug 7, 2018

The meeting in Geneva was attended by representatives from the EU, Canada, Japan, Mexico and South Korea, with a response to car tariffs high on the agenda and the prospect of launching a lawsuit against the US also raised.

US President Donald Trump has threatened to impose a 25 percent tariff on cars manufactured outside the EU in August or September with countries in and outside of Europe concerned at the possible impact.

The international trade chiefs, which included Deputy Canadian Foreign Trade Minister Timothy Sargent, his Japanese counterpart Kazuyuki Yamazaki, Mexican Undersecretary for Foreign Trade Juan Carlos Baker and European Union Director General Jean-Luc Demarty, met in Switzerland to try and get a plan of action to beat President Trump’s tariff threats.

The Mexican Undersecretary for Foreign Trade Mr Baker told Bloomberg that the countries had decided to “exchange views and discuss possible measures”.

Swiss newspaper Bernerzeitung revealed that the United States was not invited to the exclusive meeting as the participants wanted to discuss how they could reach an agreement with the country about car imports.

The newspaper said: “The participants do not want to anger the Americans and still hope that they can reach an agreement with them about car imports.”

Officials dismissed claims of an “anti-American crisis summit” and said the meeting was held merely to discuss “various topics of free trade”.

However the snub to US officials was notable, with the newspaper adding: “The panel has not yet reached a decision, but they have been talking about a joint lawsuit against the US at the WTO.”

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