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US, EU AGREE TO RESOLVE US TARIFFS ON STEEL, ALUMINUM IMPORTS
ABC7 ^ | July /4, 2018 | AP

Posted on 07/25/2018 2:18:04 PM PDT by 11th_VA

WASHINGTON - President Donald Trump and European Union leaders announced Wednesday they have agreed to work toward "zero tariffs" and "zero subsidies" on non-automobile goods and would work to resolve U.S. tariffs on steel and aluminum imports that have roiled European markets.

The president, in a hastily called Rose Garden statement with European Commission President Jean-Claude Juncker, said the EU had agreed to buy "a lot of soybeans" and increase its imports of liquefied natural gas from the U.S. Juncker, meanwhile, said the U.S. and EU had agreed to hold off on further tariffs as part of trade talks aimed at averting a crippling trade dispute involving the lucrative automobile market.

Trump told reporters it was a "very big day for free and fair trade" and vowed to "resolve the steel and aluminum tariff issues and we will resolve retaliatory tariffs. We have some tariffs that are retaliatory and that will get resolved as part of what we're doing."

"We're starting the negotiation right now, but we know very much where it's going," Trump said after talks with European counterparts.

Juncker said he had an "intention to make a deal today and we made a deal today. We have identified a number of areas on which to work together, work towards zero tariffs on industrial goods. That was my main intention, for those to come down to zero tariffs on industrial goods."

(Excerpt) Read more at abc7.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Foreign Affairs; Front Page News; News/Current Events
KEYWORDS: artofthedeal; bettertradedeals; fairtrade; juncker; maga; negotiating; tariffs; trade; trump; trumppresser; trumptariffs; trumpwinsagain; winning; zerotariffs
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Developing ...
1 posted on 07/25/2018 2:18:04 PM PDT by 11th_VA
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To: 11th_VA

shhhh. Russia, Stormy, Tapes!!!


2 posted on 07/25/2018 2:20:28 PM PDT by wiseprince
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To: wiseprince

Lol !!!


3 posted on 07/25/2018 2:22:00 PM PDT by 11th_VA (Only MS-13 and Democrats want ICE Abolished)
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To: 11th_VA

Huh.

It’s almost as if we finally have a President who knows what he is doing.


4 posted on 07/25/2018 2:22:11 PM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: 11th_VA

The Stock Market will explode tomorrow morning.

Watch the Futures indices overnight.

If they rise, the main indexes will take off like scalded dogs...................


5 posted on 07/25/2018 2:22:16 PM PDT by Red Badger (July 2018 - the month the world discovered the TRUTH......Q Anon)
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To: 11th_VA
"zero tariffs" and "zero subsidies" on non-automobile goods

Does not compute Will Robinson....

6 posted on 07/25/2018 2:23:53 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: 11th_VA

Wait! I thought the EU Marxist with the bad teeth was going to set Trump straight on things! LOL


7 posted on 07/25/2018 2:24:43 PM PDT by COBOL2Java (Marxism: Trendy theory, wrong species)
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To: BenLurkin

“It’s almost as if we finally have a President who knows what he is doing.”

He said ‘they’d be calling me soon’...

...and lo and behold.

Best President evah!


8 posted on 07/25/2018 2:24:44 PM PDT by JPJones (More tariffs, less income tax.)
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To: 11th_VA

tariffs...a big source of DS revenues.

The EU plows back some of the tariff revenue back through the K St lobbying industry into Congress. Its how the DS sellout progresses


9 posted on 07/25/2018 2:26:41 PM PDT by mo
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To: JPJones
VIVE TRUMP!
THE GREATEST PRESIDENT IN AMERICAN HISTORY!

WHEN HE HAS COMPLETED THE TASK OF SAVING THE USA FROM DESTRUCTION, HE WILL SAVE THE REST OF THE WORLD AS WELL!

VIVA PRESIDENT DONALD TRUMP!

VIVE LE PRESIDENT DONALD TRUMP!

THANK GOD FOR PRESIDENT TRUMP!


10 posted on 07/25/2018 2:31:40 PM PDT by Savage Beast (President Trump has remained steadfast! This is leadership! Steadfast, America! We shall overcome!)
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To: 11th_VA

MUH TRADE WAR!!


11 posted on 07/25/2018 2:32:20 PM PDT by CountryClassSF
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To: central_va

——Does not compute-—

Of course it does. Nobody but you actually want tatiffs and you want tariffs for the wrong reasons.

The President was not elected to impose tariffs. The President was elected to develop jobs and grow the economy. Economic growth comes from increasing exports


12 posted on 07/25/2018 2:37:02 PM PDT by bert
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To: 11th_VA

What did the EU give up today exactly? They are going to by more soy and LNG at market price. That is a concession?


13 posted on 07/25/2018 2:37:16 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: bert
The President was not elected to impose tariffs.

The first 31 Presidents were.

14 posted on 07/25/2018 2:38:45 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: bert

“Nobody but you actually want tatiffs and you want tariffs for the wrong reasons.”

I want tariffs, I love tariffs.

Especially when everyone else but us has them.


15 posted on 07/25/2018 2:40:28 PM PDT by JPJones (More tariffs, less income tax.)
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To: 11th_VA

16 posted on 07/25/2018 2:41:11 PM PDT by xp38
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To: bert
So Bert you still prefer the progressive income tax over tariffs. At least you are consistant Komrade.

The President was not elected to impose tariffs.

Wrongo ace.

Trump tariff is keeping with campaign promises: Mike Huckabee

link here.

17 posted on 07/25/2018 2:43:09 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: JPJones

Tariffs are patriot candy!


18 posted on 07/25/2018 2:43:44 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: central_va

I know it’s hard to grasp but by it’s like judo.

By imposing the steel and aluinum triffs on the EU, the president is causing EU tariffs to go away eliminating his need to impose tariffs.

By threatening tariffs, the president eliminated tariffs.

You always forget...... the business of America is business. America is a nation of traders and always has been


19 posted on 07/25/2018 2:47:52 PM PDT by bert
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To: bert

Why are automobiles the exception in this deal?


20 posted on 07/25/2018 2:52:53 PM PDT by bobcat62
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