President Trump says U.S. and EU working toward 'zero tariffs'
Declares today a 'very big day for free and fair trade.'
The Associated Press reports that President Donald Trump has agreed to work towards a "zero tariffs" deal between the United States and the European Union and “zero subsidies” on non-automobile goods. The announcement comes after a meeting with European officials to discuss the brewing trade dispute between the U.S. and the EU:
"Trump also says the EU has also agreed to buy “a lot of soybeans” and increase its imports of liquefied natural gas from the U.S.
"Trump says the EU will become a “massive buyer” of LNG to help diversify their energy supply."
Check back with Snips Magazine for more analysis on this story. Read the developing story from the Associated Press at apnews.com.