{"id":86804,"date":"2018-07-29T03:12:08","date_gmt":"2018-07-29T03:12:08","guid":{"rendered":"http:\/\/www.bnreport.com\/trump-hopes-for-fair-trade-deal-with-eu-2\/"},"modified":"2018-07-29T03:12:08","modified_gmt":"2018-07-29T03:12:08","slug":"trump-hopes-for-fair-trade-deal-with-eu-2","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/trump-hopes-for-fair-trade-deal-with-eu-2\/","title":{"rendered":"Trump hopes for fair trade deal with EU"},"content":{"rendered":"<p>President Donald Trump said today that he hopes to work out a \u201cfair trade deal\u201d with the European Union, but stopped short of saying he would remove steel and aluminum tariffs that have exacerbated trade tensions between the two long-time allies.<\/p>\n<p>\u201cWe want to have a fair trade deal [with the EU] and were looking to have a fair trade deal and hopefully we can work something out,\u201d Trump told reporters at the White House ahead of his meeting with European Commission President Jean-Claude Juncker. \u201cWe just want it to be a level playing field for our farmers, for our manufacturers and everybody. And we also want, frankly, a big beneficiary to be the European Union.\u201d<\/p>\n<p>Trade relations between the U.S. and EU have been frayed by the steel and aluminum tariffs and Trumps threat to impose additional tariffs on autos. Juncker noted the long-time relationship between the United States and the EU and called for action to de-escalate trade tensions.<\/p>\n<p>\u201cWe are close partners, allies \u2014 not enemies. We have to work together,\u201d Juncker said, sitting alongside Trump. \u201cI think we need to talk each to the other, and not at each other. Thats what we [should] do today. I would think we should focus on reducing tariffs, instead of increasing them.\u201d<\/p>\n<p>Trump said he agreed with that point and said the United States \u201cwould be extremely pleased\u201d if there were no tariffs, subsidies or other barriers that interfered with trade between the two huge economies.<\/p>\n<h2><em>Read this next: <a href=\"https:\/\/www.politico.eu\/article\/margrethe-vestager-brexit-if-you-bitch-a-little-every-day-over-30-years-you-end-up-divorced\/\" rel=\"noreferrer\" target=\"_blank\">Vestager on Brexit: If you bitch a little every day over 30 years, you end up divorced<\/a><\/em><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump said today that he hopes to work out a \u201cfair trade deal\u201d with the European Un..<\/p>\n","protected":false},"author":1,"featured_media":86805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-86804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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