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President Trump announces a ‘new phase,’ in US-EU relationship, working toward ‘zero tariffs’
President Donald Trump on Wednesday secured concessions from Europe, averting a trade war.
The report came shortly before Trump and European Commission President Jean-Claude Juncker were scheduled to brief the press at a joint conference in the White House Rose Garden.
The Europeans agreed to lower industrial tariffs and import more U.S. soybeans.
President Donald Trump said the United States and the European Union had launched a "new phase" in their relationship, saying that the two major economies would start negotiations immediately on a number of areas that include working toward "zero tariffs" on industrial goods, and further cooperation on energy issues.
"We agreed today, first of all, to work together towards zero tariffs, zero non-tariff barriers and zero subsidies for the non-auto industrial goods," Trump said at a joint press conference in the White House Rose Garden with European Commission President Jean-Claude Juncker.
https://www.cnbc.com/2018/07/25/tru...ing-out-on-a-fair-trade-deal-with-europe.html
