Trump, EU mend trade fences
President Donald Trump and European Union leaders declared a cease-fire Wednesday in their mounting trade war. In a Rose Garden news conference at the White House, the president announced the United States and the EU agreed to work together toward “zero tariffs, zero nontariff barriers, and zero subsidies on non–auto industrial goods.” EU chief Jean-Claude Juncker said after his lengthy meeting with Trump that the EU has decided to increase imports of American liquefied natural gas and soybeans, which should relieve some of the pressure on U.S. farmers hurt by China’s retaliatory tariffs.
An actual newsletter worth subscribing to instead of just a collection of links. —Adam
Sign up to receive The Sift email newsletter each weekday morning for the latest headlines from WORLD’s breaking news team.
Please wait while we load the latest comments...
Comments
Please register, subscribe, or log in to comment on this article.