EU's Moscovici welcomes Trump's decision to suspend Europe from steel tariffs

FILE PHOTO: European Economic and Financial Affairs Commissioner Pierre Moscovici holds a news conference at the EU Commission's headquarters in Brussels, Belgium, March 21, 2018. REUTERS/Francois Lenoir

PARIS (Reuters) - European Commissioner Pierre Moscovici said on Friday he welcomed U.S. President Donald Trump’s decision to temporarily suspend EU states from higher tariffs on steel and aluminum.

“Let’s welcome this decision, which marks a progress, let’s continue talking,” Moscovici, who oversees EU’s financial affairs, said on France Inter radio station.

“Let’s not fuel the fantasy that we will re-open a global renegotiation of the kind of the transatlantic treaty from here (either),” he added.

In a presidential proclamation published late on Thursday, Trump said he would suspend tariffs for Argentina, Australia, Brazil, South Korea, Canada, Mexico and the European Union, the United States’ biggest trading partner, until May 1, 2018 as discussions continue.

Reporting by Mathieu Rosemain; Editing by Alison Williams