Europe

At issue is the amount of trade sanctions the U.S. can apply after a 2011 Appellate Body upheld a 2010 panel decision finding that the EU unfairly subsidized Airbus.

“The UK is very keen to further our already excellent trade and investment relationship, and I look forward to continuing these discussions during my visit to Washington next week.”

“President Trump and President Juncker will focus on improving transatlantic trade and forging a stronger economic partnership.”

The U.S. has initiated World Trade Organization dispute settlement proceedings with Canada, Mexico, the European Union, Turkey and China over tariffs the countries have placed on U.S. products in response to steel and aluminum duties imposed by the U.S. earlier this year under Section 232 of the Trade Expansion Act of 1962 and justified via national security, the Office of the U.S. Trade Representative announced on Monday.

Last year the case prompted the European Union to “intervene” out of concern about what it said could be “unjustified” duties and a dangerous precedent.

The European Union issued the United States a grave warning in its comments on the Commerce Department’s Section 232 investigation into the national security effects of autos and auto parts imports: if President Trump opts to slap a tariff on autos and auto parts, other countries will retaliate by implementing tariffs on roughly one-fifth of total U.S. exports in 2017.

Adm. Harry Harris is bound for Seoul, while hotelier Gordon Sondland will head to Europe.

“The bottom line is we have charged a very substantial tax to some people. They are coming back to negotiate, and frankly if they don't negotiate, I'm OK with that because I'd rather get the tax.”