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EU Backs Down After Trump Tariff Threat 

By: Beldin in POPE 5 | Recommend this post (1)
Thu, 26 Jul 18 4:17 AM | 42 view(s)
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http://dailycaller.com/2018/07/25/eu-trump-agreement-tariff-deal/

The European Union has agreed to key trade concessions after President Donald Trump threatened to impose billions of dollars in tariffs on the bloc if they did not lower trade barriers, they announced Wednesday.

The U.S. and EU will now enter into negotiations over a wide-ranging array of the bilateral trading relationship. The EU made a key concession by agreeing to immediately increase U.S. imports of soybeans and enter into negotiations over industrial goods, liquified natural gas, steel, and other goods.

"We agreed first of all to work together toward zero tariffs, zero non-tariff barriers and zero subsidies on non-auto industrial goods," Trump declared, adding "the European union is going to start almost immediately to buy a lot of soy beans." ...




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