EU leaders have gathered for a summit with Balkan countries in Bulgaria.
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The EU has called on U.S. President Donald Trump's administration to stop threatening it with tariffs on steel and aluminum, saying Thursday it is prepared to discuss new trade incentives. In March, Trump slapped tariffs of 25 percent on steel imports and 10 percent on imported aluminum, but granted the 28 EU countries a temporary exemption until June 1 . Should the exemptions be dropped, the EU stands ready to deepen trans-Atlantic energy cooperation, notably on liquefied natural gas, improve reciprocal market access for industrial products and work together to reform the rules of the World Trade Organization.The EU rejects Trump's assertion that the tariffs are needed for U.S. national security and sees them as protectionist measures designed to boost local businesses.Most EU countries are U.S. allies in NATO.
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