Trump: Working toward zero tariffs with EU

President Donald Trump said Wednesday that he and European Commission President Jean-Claude Juncker agreed to work toward eliminating tariffs and barriers on trade, reducing tensions for now in a brewing trade war.

Posted: Jul 26, 2018 9:27 AM
Updated: Jul 26, 2018 9:37 AM

President Donald Trump said Wednesday that he and European Commission President Jean-Claude Juncker agreed to work toward eliminating tariffs and barriers on trade, reducing tensions for now in a brewing trade war.

It was essentially a deal to make a deal, announced in celebratory fashion during an previously unannounced appearance in the White House Rose Garden.

Trump declared it a "very big day for free and fair trade" with Juncker by his side.

It was a cheery end to talks Trump himself suggested this week would be acrimonious. The US and the EU have been lobbing new tariffs on products since Trump announced earlier this year tough new levies on steel and aluminum exports.

Recently, Trump has threatened a 25% tariff on European autos, a warning that seems to have been staved off.

"We agreed today, first of all, to work together toward zero tariffs, zero non-tariff barriers and zero subsidies on non-auto industrial goods," Trump said.

Trump indicated both sides agreed to halt for now tariffs that threatened to devolve into a trade war as negotiations proceed, and said the EU agreed to import more US soybeans and liquid natural gas.

"We will not go against the spirit of this agreement unless either party terminates the negotiation," he said. "So, we're starting the negotiation right now but we know very much where it's going."

Juncker said both sides agreed to "hold off on other tariffs" while talks proceed.

Oregon Coronavirus Cases

Data is updated nightly.

Cases: 132412

Reported Deaths: 1799
CountyCasesDeaths
Multnomah28237458
Washington18512171
Marion16085238
Clackamas11577138
Lane8219108
Jackson686284
Umatilla670968
Deschutes490736
Yamhill316245
Malheur312452
Linn310246
Klamath242238
Polk241340
Josephine170633
Jefferson168725
Benton168414
Douglas166643
Union110416
Wasco106323
Columbia103318
Lincoln98517
Hood River94821
Coos93315
Morrow92710
Clatsop6695
Crook60410
Baker5665
Tillamook3622
Curry3185
Lake2295
Grant2131
Harney1734
Wallowa963
Gilliam481
Sherman470
Wheeler201
Unassigned00
Eugene
Cloudy
52° wxIcon
Hi: 52° Lo: 43°
Feels Like: 52°
Corvallis
Cloudy
53° wxIcon
Hi: 52° Lo: 43°
Feels Like: 53°
Roseburg
Partly Cloudy
50° wxIcon
Hi: 54° Lo: 40°
Feels Like: 50°
North Bend
Partly Cloudy
54° wxIcon
Hi: 55° Lo: 45°
Feels Like: 54°
KEZI Radar
KEZI Temperatures
KEZI Planner

LATEST FORECAST

Community Events