U.S. and European Union Avert Trade War

“Already today the United States and European Union have a one trillion dollar bilateral trade relationship, the largest economic relationship anywhere in the world,” said Trump. “We want to further strengthen this trade relationship to the benefit all American and European citizens.

“This is why we agreed today, first of all, to work together towards zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods. We will also work to reduce barriers to increase trade in services, chemicals, pharmaceuticals, medical products, as well as soybeans.”

Furthermore, Trump concluded the press conference, telling reporters “this was a vey big day for free and fair trade.”

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