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The US should do away with the tariffs on the European Union’s (EU) steel and aluminum, the newly appointed Trade Commissioner and European Commission Executive Vice-President Valdis Dombrovskis said on Monday.

Further comments

Repeats desire for an aircraft-aid deal with the US.  

 WTO verdict on Boeing aid is `imminent’.

Market reaction

The above comments have little to no impact on the common currency, as markets cheer the upbeat Eurozone Industrial Production data for July. 

EUR/USD, currently, trades at 1.1856, up 0.15% on the day.