In an interview with a German radio – Deutschland funk on Wednesday, the European Union’s (EU) Budget Commissioner Guenther Oettinger said that he hopes the EU could try to seek a wide reduction of tariffs in negotiations with the US this year. Key Quotes: “In this way, we want to avoid a further escalation of the trade conflict, and to avoid a trade war.” “One could try to untangle the existing tariffs and then … reduce tariffs for various goods and services.” It’s worth noting that the European Commission President Juncker visits Washington today for trade talks after the US imposed metals tariffs on the EU. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EU President Juncker and US President Trump meeting amongst market movers today – Danske Bank FX Street 5 years In an interview with a German radio - Deutschland funk on Wednesday, the European Union's (EU) Budget Commissioner Guenther Oettinger said that he hopes the EU could try to seek a wide reduction of tariffs in negotiations with the US this year. Key Quotes: "In this way, we want to avoid a further escalation of the trade conflict, and to avoid a trade war." "One could try to untangle the existing tariffs and then ... reduce tariffs for various goods and services." It's worth noting that the European Commission President Juncker visits Washington today for trade talks after the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.