WASHINGTON (AP) – President Donald Trump says the United States and the European Union have agreed to work toward “zero tariffs” and “zero subsidies” on non-automobile goods.
Trump also says the EU has also agreed to buy “a lot of soybeans” and increase its imports of liquefied natural gas from the U.S.
Trump says the EU will become a “massive buyer” of LNG to help diversify their energy supply.
The president announced the agreements at the White House on Wednesday following meetings with European officials prompted by Trump’s trade dispute with the EU.
He declared it a “very big day for free and fair trade.”
Meanwhile, European Union Commission President Jean-Claude Juncker says he has made a deal with President Donald Trump to try to ease trade tensions.
Juncker says during a joint Rose Garden appearance with Trump that he “had the intention to make a deal today and we made a deal today.”
Juncker says after a lengthy meeting with Trump that the EU has decided to increase imports of American soybeans and liquefied natural gas.
He also says as long as negotiations are ongoing, “We will hold off further tariffs” and reassess existing tariffs on steel and aluminum.
(Copyright 2018, The Associated Press. All Rights Reserved.)
