European Union trade chief Maros Sefcovic will meet with U.S. Trade Representative Greer

The meeting in Kuala Lumpur aims to restart stalled negotiations on steel and aluminum export tariffs. In an interview, Sefcovic said that the European Commission has proposed eliminating or significantly reducing these duties, but has not yet received a response from the United States.

In his statement, Sefcovic stated that, "The most logical step would be to proceed with a tariff rate quota, with low or no tariffs." In response, the U.S. Trade Representative stated that metal tariffs are handled by the Ministry of commerce.

Sourced by: Bloomberg