EU's Malmstrom: US still shows little interest in tariff cuts deal

The EU trade commissioner Cecilia Malmstrom was out on the wires in the last hour, citing progress on closer regulatory ties with the US.

Key quotes:

   •  The threat of US auto tariffs remains and will take stock with Lighthizer on the matter.
   •  The EU would retaliate against US car tariffs.
   •  The US still shows little interest in striking any tariff cuts deal.