Trump suggests EU and U.S. drop all tariffs and barriers
US President Donald Trump suggested that the European Union should simultaneously with the United States lift all customs tariffs, trade barriers and subsidies.
"The European Union is coming to Washington tomorrow to negotiate a deal on Trade," Trump wrote on Twitter. "I have an idea for them. Both the U.S. and the E.U. drop all Tariffs, Barriers and Subsidies!"
According to the US President, "that would finally be called Free Market and Fair Trade," "Hope they do it, we are ready - but they won’t!" Trump added.
President Trump is scheduled to hold talks in Washington with President of the European Commission Jean Claude Juncker today. The upcoming talks are viewed by various experts as the last chance to avert a full-scale trade war between the United States and the European Union.
European Commission’s spokesperson Margaritis Schinas said yesterday that Juncker did not intend to make particular proposals regarding the mutual trade at the meeting with President Trump. Schinas said "This is an occasion to de-dramatize any potential tensions around trade and to engage in an open and constructive dialogue with our American partners."