Saturday, Apr 20 2024 | Time 16:06 Hrs(IST)
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World


EU shares Washington's criticism of China's 'unfair trade practices'

Washington, Nov15 (Sputnik) The European Union shares the United States' concern over China's trade practices, including cybertheft, the bloc's trade commissioner, Cecilia Malmstroem, said.
"We very much share the criticism that the US has voiced, we have done the same when it comes to China as a country with massive subsidies to state-owned companies, with forced technology transfers, cybertheft and so on, and we are working with the US and Japan actually, in a working group trying to address these issues within the WTO [World Trade Organization]," Malmstroem said in an interview with the CNBC news late on Wednesday.
On Wednesday, Malmstroem had a meeting with US Trade Representative Robert Lighthizer. Following the meeting, the EU official noted that the European Union had already started drafting the list of US goods that would be slapped with tariffs if the United States imposes duties on automobile exports from the European Union in addition to "not justified" tariffs on aluminum and steel.
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