Trump: US and EU agree to work towards lower trade barriers

Trump: US and EU agree to work towards lower trade barriers

What was agreed?

Speaking from the Rose Garden at the White House, Mr Trump declared a “new phase in the relationship” between the two trading blocs, calling it a “very big day for free and fair trade”.

“We are starting the negotiation right now but we know very much where it’s going,” he said.

Mr Juncker thanked the president and hailed a “good, constructive meeting”.

The EU would increase purchases of liquefied natural gas (LNG) from the United States, President Trump said, making them a “massive buyer”.

He added that there would be an increase on trade in services and agriculture.

“The EU is going to start to buy a lot more soy beans – they are a tremendous market – buy a lot of soy beans from our farmers, primarily in the Midwest,” Mr Trump said.

https://www.bbc.com/news/world-us-canada-44961560

 

Comments

internationalfreepress

Community Guidelines Designed using Magazine Hoot. Powered by

%d bloggers like this: