U.S. rejects offer of January talks with UK on steel tariffs

© Reuters. FILE PHOTO: Steel coils sits in the yard at the Novolipetsk Steel PAO steel mill in Farrell, Pennsylvania, U.S., March 9, 2018. REUTERS/Aaron Josefczyk/File Photo

(Reuters) – The United States has rejected an offer from Britain’s trade minister Anne-Marie Trevelyan for negotiations on steel tariffs in January, a Politico reporter said in a tweet on Thursday.

“While Secretary (Gina) Raimondo appreciates the kind invitation, she’s not in a position to travel to London in-person at this time,” UK-based Politico reporter Emilio Casalicchio said in a tweet citing a U.S. Department of Commerce spokesperson.

The Department of Commerce did not immediately respond to a Reuters request for comment.

U.S. Trade Representative Katherine Tai also signaled on Wednesday that U.S. will not be rushing to complete a deal to ease tariffs on British steel and aluminum, saying that she will pursue these talks “when the time is right”.

Britain has been eager to engage quickly with the Biden administration to lift tariffs on British metals, with trade minister Trevelyan in December inviting Raimondo to London early in the new year to launch talks.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link