EU TradeMin Malmstrom: Expect EU to be excluded from US tariffs

European Commissioner for trade, Cecilia Malmstrom, was on the wires last hour, speaking to the reporters on the US tariffs in Brussels.

Key Points:

Expects EU to be excluded from US tariffs.

Expects clarity from Trump on trade tariffs.

EU still believes that tariff decision is bad and it will be bad for the global economy.

Europe is not a threat to US security, so expects an exemption to apply to EU.