European Union demands an end to Trump tariff threats

EU Must Defend Firms against US Iran Sanctions: Macron

The EU leaders pledged at the meeting to keep a united front against Trump.

The Commission will now seek to negotiate a permanent exemption from U.S. tariffs.

Tillerson did not mention the president by name but alluded to policies of the Trump administration by decrying those who neglect or ignore long-standing allies or deny that free trade is an engine of global growth.

Asked on arrival at a summit of European Union leaders in Bulgaria if he was concerned about an announcement by French oil major Total that it may pull out of Iran after Washington pulled out of the nuclear agreement, known as the Joint Comprehensive Plan of Action (JCPOA), Macron said it was up to firms active in various markets to make their own decisions, Reuters reported.

The EU agreed to begin work to protect European companies negatively affected by the USA decision to withdraw and reimpose sanctions, while also addressing concerns about Iran's ballistic missile program and its wider role in the Middle East.

Europe's mood is shifting from shock at US President Donald Trump's "America First" agenda to a resolve to close ranks and assert its own position.

To save the nuclear deal, Iran has said the other parties have to ensure that sanction relief remains intact without United States participation.

It was also ready to "improve reciprocal market access, for industrial products, including amongst others cars, and liberalisation of public procurement". The 2015 nuclear agreement is a crucial element of peace and security in the region. She highlighted the importance of deepening economic relations with Iran, including in the area of energy supplies. We are calling all the parties for negotiations on an extended version of the agreement.

The EU has discussed instituting a so-called blocking statute, which would shield European companies doing business with Iran. But Europe appeared to stand its ground this time.

Last week, the US withdrew from the Iran nuclear deal, signed between Tehran and the P5+1 powers (China, France, Russia, UK, US, plus Germany) three years ago. "I don't know the timing details exactly, but I am certain that we're also going to shut down (in Iran)", he told Reuters. "No one will choose Iran over the US The deal is dead".



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