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The Latest: Trump Suggests No Tariffs Between US, Europe
President Donald Trump says he’ll propose to European officials on Wednesday that both sides drop all tariffs, barriers and subsidies.
President Donald Trump says he’ll propose to European officials on Wednesday that both sides drop all tariffs, barriers and subsidies.
Trump has floated the idea in the past, but he tweeted Tuesday night that he doubts the Europeans will go for the idea.
Back in June
U.S. President Donald Trump, speaking at a summit in Canada on Saturday, said trade among the G-7 nations should be free of tariffs and other barriers, in what looked like an olive branch to close allies amid simmering tensions over duties imposed on steel and aluminum.
“No tariffs, no barriers, that’s the way it should be — and no subsidies,” the president said at a press conference.
The president, however, did not elaborate on how or whether the United States would reduce its tariff barriers. Instead, he pointed to Canadian duties on U.S. dairy.
“We don’t want to pay anything — why should we pay?” Trump said. “Ultimately, that’s what you want. You want a tariff free, no barriers and you want no subsidies.”
https://www.google.com/amp/s/www.cnbc.com/amp/2018/06/09/trump-says-at-g-7-summit-trade-should-be-tariff-free-barrier-free-subsidy-free.html