US President Donald Trump is set to meet with European Commission President Jean-Claude Juncker to discuss trade amid growing tensions between the US and the world's biggest trading bloc.
The Trump administration has launched a national security investigation into car and truck imports that could lead to new tariffs similar to those imposed on imported steel and aluminum.
China imposed the new tariffs on 128 US imports worth $3 billion, including fruits and pork, in retaliation to US duties on steel and aluminium.
Chinese Commerce Minister Zhong Shan says any trade war with the United States will only bring disaster to the world economy.
Retaliation would only come if EU industry hit by planned US tariffs on steel and aluminium.
President Donald Trump says the US would impose tariffs of 25 percent on steel imports and 10 percent on imported aluminium next week, as global leaders mulled taking punitive measures.
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