Austria's Kurz Warns on EU-U.S. Trade War as Waivers Expire

EU should take ‘common position’ against trade barriers: Kurz
Austria to make ‘security’ a priority during its EU presidency

Austria’s Kurz said Brexit is at the top of his agenda and that a trade war is negative for both the EU and the U.S.(Source: Bloomberg)

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Tracy Alloway and Anthony Di Paola

April 30, 2018 at 6:11 AM UTC

Updated on

April 30, 2018 at 6:43 AM UTC

This article is for subscribers only.

Austrian Chancellor Sebastian Kurz said a trade war between the European Union and the U.S. over the Trump administration’s imposition of steel and aluminum tariffs would be “extremely negative” for both sides.

The EU should consider a collective response if the U.S. doesn’t extend tariff waivers that expire this Tuesday, Kurz said in a Bloomberg Television interview. Speaking Sunday in Abu Dhabi, Kurz said he he hopes the trade barriers announced by U.S. President Donald Trump “won’t turn into reality.”