U.S. President Donald Trump and President of the European Commission Jean-Claude Juncker speak about trade relations in the Rose Garden of the White House in Washington
Leaders agree to work toward 'zero tariffs, barriers and subsidies on non-auto industrial goods', says Trump
The U.S. and the European Union have reached a new pact on trade, U.S. President Donald Trump and European Commission President Jean-Claude Juncker announced Wednesday.
Addressing reporters at the White House, Trump said the pair agreed to work towards "zero tariffs, zero non-tariff barriers and zero subsidies on non-auto industrial goods."
The trading partners will also work to reduce trade barriers on services, chemicals, pharmaceuticals, medical products and soy beans. Services will also be addressed, Trump said.
The U.S. and EU trade relationship is valued at roughly $1 trillion dollars.
#Donald Trump
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#Jean-Claude Juncker
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