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You can find the current article at its original source at https://www.theguardian.com/us-news/2018/jul/25/trump-juncker-trade-war-eu-zero-tariff-deal
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| Trump and EU officials strike 'zero tariff' deal to avert trade war | Trump and EU officials strike 'zero tariff' deal to avert trade war |
| (35 minutes later) | |
| Donald Trump and European Union officials appeared to step back from a trade war on Wednesday as they struck a deal to work toward “zero” tariffs, barriers and subsidies. | Donald Trump and European Union officials appeared to step back from a trade war on Wednesday as they struck a deal to work toward “zero” tariffs, barriers and subsidies. |
| “We had a big day, very big,” the US president said in the White House rose garden, standing alongside Jean-Claude Juncker, the European Commission president, adding that there was a “new phase” in US-EU relations. | “We had a big day, very big,” the US president said in the White House rose garden, standing alongside Jean-Claude Juncker, the European Commission president, adding that there was a “new phase” in US-EU relations. |
| “We agree today, first of all, to work together toward zero tariffs, zero, non-tariff barriers, and zero subsidies on non-auto industrial goods,” Trump told reporters. | “We agree today, first of all, to work together toward zero tariffs, zero, non-tariff barriers, and zero subsidies on non-auto industrial goods,” Trump told reporters. |
| The statement came after Trump had threatened tariffs on car imports and reports that the EU is planning retaliatory measures. | The statement came after Trump had threatened tariffs on car imports and reports that the EU is planning retaliatory measures. |
| Trump said the US and EU will set up an executive working group to work on trade and assess existing tariffs “to the betterment of both”. He added: “We’re starting the negotiation right now but we know very much where it’s going.” | Trump said the US and EU will set up an executive working group to work on trade and assess existing tariffs “to the betterment of both”. He added: “We’re starting the negotiation right now but we know very much where it’s going.” |
| Juncker said it his “intention to make a deal” that would work towards zero tariffs on industrial goods. | Juncker said it his “intention to make a deal” that would work towards zero tariffs on industrial goods. |
| Trump added: “This was a very big day for free and fair trade, a very big day indeed.” | Trump added: “This was a very big day for free and fair trade, a very big day indeed.” |
| More details to come ... | More details to come ... |
| Donald Trump | Donald Trump |
| European Union | European Union |
| Jean-Claude Juncker | Jean-Claude Juncker |
| Europe | Europe |
| Economics | |
| Trade and development | Trade and development |
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