Thread: Trump suggests no tariffs between US, Europe

Trump suggests no tariffs between US, Europe

By Ken Martin
Published July 25, 2018

It is tariff day in Washington.

President Trump will meet with European officials to talk trade tariffs.

The meeting is with European Commission President Jean-Claude Juncker.

Trump proposed in a tweet, that both sides drop all tariffs, barriers and subsidies.

Trump, although doubts the Europeans will go for the idea.

The tweet said: "That would finally be called Free Market and Fair Trade! Hope they do it, we are ready - but they won't!"

Trump tweeted earlier Tuesday that trade partners must either negotiate a fair deal or pay tariffs.

The U.S. and European allies are meeting as the trade dispute, which started with steel duties, threatens to spread to automobile production.

https://www.foxbusiness.com/politics...ween-us-europe

Work it, work it, work it!!!

Trump Suggests Cutting All Tariffs Ahead of Key Meeting With EU
By Nikos Chrysoloras
July 25, 2018, 2:11 AM EDT

EU chiefs meet Trump in last-ditch pitch to prevent car levies

Europe prepares $20 billion retaliation if U.S. raises tariffs

President Donald Trump said that the U.S. and the EU should drop all tariffs, barriers and subsidies, just hours before the bloc’s trade chiefs present him with proposals going a long way toward that outcome in a make or break meeting at the White House.

“The European Union is coming to Washington tomorrow to negotiate a deal on Trade. I have an idea for them,” Trump said in a Tuesday night tweet. “Both the U.S. and the E.U. drop all Tariffs, Barriers and Subsidies!”

European Commission President Jean-Claude Juncker and European Trade Commissioner Cecilia Malmstrom will signal the EU’s willingness to negotiate a bilateral trade agreement on manufactured goods, or a so-called plurilateral sectoral agreement between all major car exporters which would cut or eliminate tariffs on automobiles globally. The overtures -- to be made at their meeting with Trump on Wednesday -- are a last-ditch attempt to persuade him from imposing tariffs on European car exports to the U.S., in what could deal a serious blow to the bloc’s economy.

Trade Quarrel

"We are here to explain and find out how to prevent a trade war," Juncker said in an interview with German public broadcaster ZDF before the meeting, adding that he’s not overly optimistic. The EU is prepared to retaliate "immediately" if talks fail, he warned.

The commission, which manages trade relations on behalf of all 28 nations in the EU, is preparing a list of retaliatory measures on American goods worth $20 billion should the U.S. impose car tariffs, Malmstrom said. “It would be more general, like farming goods, machines, high-technology products and others,” she said in an interview with Swedish newspaper Dagens Nyheter.

Highlighting the complexity of Wednesday’s talks, hours before Trump called for the elimination of all tariffs, he had tweeted that “tariffs are the greatest.” He has also singled out the EU as a “foe” of the U.S. because of its trade surplus.

https://www.bloomberg.com/news/artic...eeting-with-eu

"We are here to explain and find out how to prevent a trade war," Juncker said in an interview with German public broadcaster ZDF before the meeting, adding that he’s not overly optimistic. The EU is prepared to retaliate "immediately" if talks fail, he warned.

It's very simple. You give US what we want, no tariffs, no trade barriers, no subsidies and we do the same. It's called level playing field between comparable nations, which is what free, reciprocal fair trade means in our language and all of yours. Period!! Otherwise go have fun playing with ... China.