NEWS ALERT : President Trump Says U.S. and EU Will Resolve Steel, Aluminum Tariffs
President Donald Trump on Wednesday declared a "new phase" in the relationship between the U.S. and the European Union, agreeing to hold off on proposed car tariffs and work with the EU to resolve their dispute over metals duties while also promoting bilateral trade.
Speaking in the Rose Garden of the White House alongside European Commission President Jean-Claude Juncker, Mr. Trump said the U.S. and the EU had agreed to "work together toward zero tariffs, zero non-tariff barriers and zero subsidies on non auto-industrial goods."
"This was a very big day for free and fair trade," Mr. Trump said. He said the U.S. and EU would "resolve" the steel and aluminum tariffs he imposed earlier this year and the retaliatory tariffs the EU imposed in response. Those tariffs set off strong reactions from Europeans who saw them as violating international trade agreements.
Impact : Strong
Sentiment : Bad for Dollar, Good for Safe Haven
President Donald Trump on Wednesday declared a "new phase" in the relationship between the U.S. and the European Union, agreeing to hold off on proposed car tariffs and work with the EU to resolve their dispute over metals duties while also promoting bilateral trade.
Speaking in the Rose Garden of the White House alongside European Commission President Jean-Claude Juncker, Mr. Trump said the U.S. and the EU had agreed to "work together toward zero tariffs, zero non-tariff barriers and zero subsidies on non auto-industrial goods."
"This was a very big day for free and fair trade," Mr. Trump said. He said the U.S. and EU would "resolve" the steel and aluminum tariffs he imposed earlier this year and the retaliatory tariffs the EU imposed in response. Those tariffs set off strong reactions from Europeans who saw them as violating international trade agreements.
Impact : Strong
Sentiment : Bad for Dollar, Good for Safe Haven
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Ghinie
HP : 082135656333
PIN : 2B8F7267
Email :kedaitrader@zoho.com
Website : www.kedaitrader.com
Ghinie
HP : 082135656333
PIN : 2B8F7267
Email :kedaitrader@zoho.com
Website : www.kedaitrader.com
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