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Ahead of Key Talks, Trump Says U.S., EU Must Cut All Tariffs

  • EU chiefs meet Trump in last-ditch bid to prevent car levies
  • Europe prepares $20 billion retaliation if U.S. raises tariffs
Bloomberg business news
Trump And Juncker To Meet In D.C.
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President Donald Trump said that the U.S. and the European Union should eliminate all tariffs, barriers and subsidies, with the bloc’s trade chiefs set to present him with proposals in that direction in a crunch meeting at the White House later Wednesday.

“I have an idea for them. Both the U.S. and the E.U. drop all Tariffs, Barriers and Subsidies!” Trump said in a Tuesday night tweet. “That would finally be called Free Market and Fair Trade! Hope they do it, we are ready - but they won’t!”