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Donald Trump agreed with the President of the European Commission, Jean-Claude Juncker, that the United States and the EU "will work together" for zero tariffs and subsidies on industrial goods
The US President has spoken of a "new phase" in relations with the European Union, declaring "a great day for a free and fair trade".
According to the CNBC report, the US president has obtained concessions from the European Union "to avoid a trade war."
"We agreed to work at zero tariffs, zero tariff barriers, and no subsidies for manual industrial products," Trabb told reporters at the White House.
"We will also work to reduce barriers and increase trade in services, chemicals, pharmaceuticals, medical products and soy products," said the US president.
At the same time, he announced that the United States and the EU will work together to reduce the bureaucracy with a view to reforming the World Trade Organization
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