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Both diplomats at their joint press conference. The United States and the European Union are getting closer to a solution to the trade dispute. According to the President of the European Commission, Jean-Claude Juncker, the two countries intend to refrain from introducing new tariffs for the moment. Mr. Juncker confirmed it at a joint press conference with US President Donald Trump. Earlier, the two discussed a possible solution to the trade dispute at the White House. million. Juncker arrived in Washington to prevent a further escalation of the trade conflict. Trump has already imposed special duties on imports of steel and aluminum. The EU reacted with repressive rights on American products such as whiskey, jeans and motorcycles. Trump described Juncker as a "smart" and "hard" man at the beginning of their meeting. The US president said, "We just want a level playing field for our farmers, for our producers, for everyone." The United States would be very happy if there were no rights, not trade barriers and no subsidies. Trump, for his part, talks about a new phase in relations with the EU, he and Juncker agreed to work towards the abolition of coercive rights, according to the agreement that Brussels has agreed to import more soybeans and liquefied gas from the United States Customs duties and subsidies " " We gathered here at the White House to begin a new phase in relations between the United States and the European Union, a period of close friendship, strong trade relations, which are both parties will win, "said Trump.
M. Juncker and EU Trade Commissioner Cecilia Malmström agreed to work with the United States to lower the tariffs of both parties and increase US exports of liquefied natural gas and soy to Europe, said a door of the European Commission. They also agreed to align regulatory standards for better access to medical devices for European markets. US and European delegations are still working on the wording of their joint statement, which will mention the controversial issue of tariffs. The US president is not satisfied that only trade with the EU has an annual deficit of 151 billion. dollar. He believes this proves that existing trade agreements are harmful to his country. EU countries, like Germany, say that Americans buy so much goods from Europeans because they enjoy the products of the companies of the Old Continent, recalls the DPA Early information helped Wall Street overcome the initial declines ] and finally the three main indices ended the sessions on the green territory. At the beginning of the meeting, the conclusion of an agreement seemed unlikely. Both Juncker and Trump made it clear before the start of their meeting that they believe that they are right and expect concessions from the other side. . In June, US President Donald Trump threatened to impose a tax on cars imported from the EU and last week EU Trade Commissioner Cecilia Malmström said that if the United States imposed these rights, it would be "very regrettable". She added that the bloc has prepared a list of countermeasures Brad McMillan, chief investment officer of the Commonwealth Financial Network, told the Wall Street Journal before the meeting that investors had low expectations for the meeting . "If there is no new confrontation, it will be considered a victory," he said.
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