President Trump announces "zero tariffs" trade pledge with EU

European Union representative says "it will be done."

Posted: Jul 25, 2018 3:54 PM
Updated: Jul 25, 2018 4:08 PM

WASHINGTON (AP) — 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."

As U.S. soybean farmers have struggled against retaliatory tariffs, Juncker said the EU "can import more soybeans from the U.S. and it will be done." He said the two sides also agreed to work together to reform the World Trade Organization, which Trump has vehemently criticized as being unfair to the U.S.

Earlier in the Oval Office, Juncker told Trump that the two trading partners were "allies, not enemies" and said they needed to work together to address recent frictions involving Trump's threats to impose tariffs on auto imports and EU plans to retaliate.

Trump has placed tariffs on imported steel and aluminum, saying they pose a threat to U.S. national security, an argument that the EU and Canada reject. He has also threatened to slap tariffs on imported cars, trucks and auto parts, potentially targeting imports that last year totaled $335 billion.

The president has repeatedly called the EU — which includes many of the U.S.' oldest and most committed allies — an unfair trading partner and even labeled it a "foe."

The European Union has warned that it will retaliate with tariffs on products worth $20 billion if Trump puts duties on cars and auto parts from Europe.

Minnesota Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 37624

Reported Deaths: 1503
CountyConfirmedDeaths
Hennepin12150785
Ramsey4805226
Stearns234519
Dakota228690
Anoka2180107
Nobles16626
Olmsted110115
Washington106940
Mower9452
Rice8357
Scott7004
Clay58538
Kandiyohi5701
Wright4565
Blue Earth4532
Todd4002
Carver3641
Lyon3092
Sherburne3075
Freeborn2900
Steele2281
Watonwan2160
Benton2143
St. Louis17715
Martin1635
Nicollet15912
Cottonwood1340
Goodhue1298
Winona12215
Crow Wing10612
Pine1030
Le Sueur981
Chisago971
Otter Tail931
McLeod880
Carlton850
Dodge840
Polk812
Chippewa781
Unassigned7637
Isanti720
Itasca6412
Waseca640
Douglas620
Meeker611
Morrison591
Murray580
Becker550
Faribault550
Jackson550
Sibley542
Pennington500
Pipestone371
Mille Lacs342
Renville322
Wabasha310
Brown302
Rock300
Yellow Medicine300
Beltrami290
Fillmore280
Houston250
Swift211
Norman200
Wilkin203
Redwood180
Cass152
Wadena150
Aitkin140
Big Stone140
Kanabec141
Koochiching141
Roseau130
Marshall120
Grant100
Lincoln100
Pope100
Mahnomen81
Clearwater70
Hubbard60
Lake60
Traverse50
Lac qui Parle40
Stevens40
Red Lake30
Kittson20
Cook10
Lake of the Woods00

Iowa Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 30377

Reported Deaths: 720
CountyConfirmedDeaths
Polk6332179
Woodbury320644
Black Hawk219658
Buena Vista170711
Linn124282
Johnson12388
Dallas123529
Marshall104119
Story7513
Pottawattamie71911
Scott71910
Wapello70530
Crawford6752
Muscatine62444
Dubuque62122
Sioux4600
Tama46029
Wright3771
Louisa36013
Jasper32117
Plymouth3135
Warren2641
Dickinson2602
Washington2349
Hamilton1871
Webster1712
Cerro Gordo1471
Boone1451
Clarke1292
Clay1280
Allamakee1264
Mahaska11517
Shelby1140
Clinton1051
Poweshiek1048
Carroll931
Pocahontas931
Bremer916
Des Moines862
Henry863
Franklin840
Cedar811
Emmet800
Taylor790
Cherokee751
Monona740
Floyd702
Marion680
Hardin670
Guthrie644
Sac630
Benton621
Jefferson590
Osceola590
Jones560
Harrison530
Humboldt531
Lee532
Butler522
Iowa510
Buchanan501
Monroe506
Hancock490
Calhoun482
Delaware481
Madison422
Lyon410
Clayton403
Davis391
Fayette370
Mitchell370
Winneshiek370
Mills360
Palo Alto360
Grundy350
Kossuth330
Lucas304
Greene290
Howard290
Chickasaw280
Jackson270
Union270
Winnebago270
Ida230
Cass210
Appanoose203
Keokuk201
Page200
Van Buren190
Worth170
Audubon161
Adair150
Ringgold150
Decatur110
Montgomery102
Wayne100
Adams80
Fremont70
Unassigned70
Rochester
Clear
71° wxIcon
Hi: 87° Lo: 67°
Feels Like: 71°
Mason City
Few Clouds
69° wxIcon
Hi: 89° Lo: 66°
Feels Like: 69°
Albert Lea
Clear
72° wxIcon
Hi: 87° Lo: 67°
Feels Like: 72°
Austin
Clear
70° wxIcon
Hi: 88° Lo: 68°
Feels Like: 70°
Charles City
Clear
70° wxIcon
Hi: 88° Lo: 67°
Feels Like: 70°
HOT AND HUMID
KIMT Radar
KIMT Eye in the sky

Latest Video

Image

Fans excited for Honkers return

Image

Honkers fall to St. Cloud in home opener

Image

Baseball returns to the Med City

Image

Seans 10pm Weather 7/3

Image

Leaders advocate for the homeless

Image

Fireworks Show During the Pandemic

Image

Pillars of the City Unveiled

Image

A hot day for a bike ride on the Douglas Trail

Image

Sen.Ernst tours homeless shelters, talks challenges

Image

Mask up Roachester Public Service announcement

Community Events