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EU, US say they can partner to hold China to account on 'trade-distorting policies'

The United States and the European Union issued a joint statement on Monday saying that they can partner to "hold countries like China that support trade-distorting policies to account".

U.S. and EU flags are pictured during the visit of Vice President Pence to the European Commission
FILE PHOTO: U.S. and European Union flags are pictured in Brussels, Belgium February 20, 2017. REUTERS/Francois Lenoir

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REUTERS: The United States and the European Union issued a joint statement on Monday saying that they can partner to "hold countries like China that support trade-distorting policies to account".

The statement was issued by the United States Trade Representative Katherine Tai, U.S. Secretary of Commerce Gina Raimondo, and European Commission Executive Vice President Valdis Dombrovskis.

The statement announced the start of discussions to address global steel and aluminum excess capacity.

(Reporting by Kanishka Singh and Aakriti Bhalla in Bengaluru; Editing by Toby Chopra)

Source: Reuters