U.S., EU to Talk Trade

President Trump says the U.S. and the European Union should drop all tariffs, subsidies, and barriers.  This comes as EU trade officials met with the Administration on Wednesday.  A Bloomberg Report said the European Commission President and Trade Adviser will both meet with Trump this week in Washington with the goal to negotiate a bilateral trade agreement with the U.S.

The meeting is a last-ditch attempt to avoid U.S. imposition of tariffs on automobile imports from the European Union, which would be a serious economic blow to the 28-nation group’s economy.  Should the U.S. eventually follow through on its tariff threat, the Commission is preparing a list of retaliatory tariffs on $20 billion dollars of U.S. imports.

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