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Speaking to the trade committee of the European Parliament on Thursday, European Trade Commissioner Cecilia Malmstrom discussed a group that she and U.S. Trade Representative Robert Lighthizer will lead to determine how tariffs might be removed on industrial goods. “We are not negotiating anything, we have a working group. We have profound disagreements with the United States on trade policy,” Malmstrom said. A number of the European lawmakers were fierce critics of a planned EU-U.S. Transatlantic Trade and Investment Partnership (TTIP), negotiations which ended after Trump’s election victory in 2016.

“We are not restarting TTIP ., This could be a more limited stainless steel mother of pearl mosaic engravable cufflinks trade agreement, focused on tariffs on goods only,” Malmstrom said, She also said the European Union would be willing to reduce its car tariffs to zero, if the United States did the same, going beyond the provisional agreement struck in July which referred only to “non-auto industrial goods”, “We would do it if they do it, That remains to be seen,” she said, adding she hoped a deal could be finalised by the end of the Commission’s five-year term running until Oct, 31, 2019..

Trump, in an interview with Bloomberg, said of the EU proposal to scrap auto tariffs: “It’s not good enough.”. “Their consumer habits are to buy their cars, not to buy our cars,” Trump added, according to Bloomberg. “The European Union is almost as bad as China, just smaller,” Bloomberg quoted Trump as saying. The European Union remains at odds with the United States over U.S. blocking of the appointment of judges at the World Trade Organization, over tariffs set for reasons of national security and over Washington’s tough stance toward China.

Malmstrom said many U.S, companies and politicians were voicing stainless steel mother of pearl mosaic engravable cufflinks concerns over goods becoming more expensive in the United States as a result of tariffs, The European Union shared U.S, criticism of China over industry subsidies, state intervention and forced technology transfers, but believed its approach was wrong, she said, “We share those concerns, but we do not agree with their methods of imposing massively billions of tariffs on China, as they have also done with Turkey, We do not share U.S, view that trade wars are good and easy to win,” the commissioner said..

BEIJING (Reuters) - China’s foreign ministry on Friday said that putting pressure on Beijing over trade won’t work, after a report that U.S. President Donald Trump is prepared to quickly ramp up a trade war between the two countries. Ministry spokeswoman Hua Chunying made the comments at a daily news briefing in Beijing. Bloomberg reported that Trump has told aides he is ready to impose tariffs on $200 billion more in Chinese imports as soon as a public comment period on the plan ends next week.

BERLIN (Reuters) - European Commission President Jean-Claude Juncker said he hoped a July “ceasefire agreement” with U.S, President Donald Trump to refrain from imposing car tariffs would prevail, but the EU would impose its own tariffs if the U.S, changed course, Trump rejected an EU offer stainless steel mother of pearl mosaic engravable cufflinks to eliminate tariffs on cars and said the EU’s trade policies are “almost as bad as China,” Bloomberg News reported on Thursday, Juncker told German broadcaster ZDF on Friday that the EU would not let anyone determine its trade policies, If Washington violated the deal and imposed auto tariffs, he said, “then we will also do that.”..

(Reuters) - U.S. hedge fund King Street Capital Management LP has proposed new independent directors at Japan’s Toshiba Corp (6502.T), the Wall Street Journal reported on Friday, citing people familiar with the matter. King Street's proposal is the first sign of dissatisfaction among the foreign funds that bought into Toshiba last year, the Journal reported. The U.S. hedge fund is the third largest shareholder in Toshiba, with a 5.23 percent stake, according to Thomson Reuters data.

(Reuters) - U.S, ride services firm Lyft Inc is in talks with an advisor for stainless steel mother of pearl mosaic engravable cufflinks a targeted March or April 2019 initial public offering, Bloomberg reported, citing people familiar with the matter, In September last year, Reuters reported that the second biggest U.S, ride service company was close to hiring an IPO advisory firm in its first concrete step to become publicly listed, Lyft has hired Class V Group LLC to work with the management on the process and plans to begin taking pitches from banks starting as early as September, Bloomberg said, citing sources,

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