• Latest
  • Trending
U.S, EU, reach trade agreements (SEE DETAILS)

U.S, EU, reach trade agreements (SEE DETAILS)

4 years ago
Kizz Daniel released by Tanzanian police , probe continues

Kizz Daniel released by Tanzanian police , probe continues

8 hours ago
Police dismiss officer caught on camera flogging civilian with cutlass

Police dismiss officer caught on camera flogging civilian with cutlass

11 hours ago
VIDEO: Nigerian celebrities who emerged from reality shows

VIDEO: Nigerian celebrities who emerged from reality shows

13 hours ago
Why Buga crooner, Kizz Daniel was arrested in Tanzania

Why Buga crooner, Kizz Daniel was arrested in Tanzania

14 hours ago
BREAKING:  Dariye, Nyame released from Kuje prison

BREAKING: Dariye, Nyame released from Kuje prison

14 hours ago
Insecurity:  Ogbomoso residents stage protest, demand urgent action

Insecurity: Ogbomoso residents stage protest, demand urgent action

16 hours ago
Police warn against celebrating cultism day in Osun

Police warn against celebrating cultism day in Osun

16 hours ago
Osun 2022: Stop attacking Makinde, he has no anointed candidate –Rep

Makinde empowering thugs fingered in killing of people, Oyo APC alleges

17 hours ago
Nigerian embassy in Mexico shut over COVID-19 outbreak

Nigerian embassy in Mexico shut over COVID-19 outbreak

18 hours ago
Sanwo-Olu: Lagos Red Line train to begin passenger carriage January

Sanwo-Olu: Lagos Red Line train to begin passenger carriage January

20 hours ago
Police kill ex-convict, accomplice caught robbing on CCTV in Lagos

Police kill ex-convict, accomplice caught robbing on CCTV in Lagos

21 hours ago
Makinde dissolves Governing Council of Adeseun Ogundoyin Polytechnic

Look into issue of Platinum consultant- Oyo tertiary institutions unions appeal to Makinde

1 day ago
BBNaija 7: Christy O, Cyph evicted

BBNaija 7: Christy O, Cyph evicted

1 day ago
Shina Peller visits family of slain LAUTECH student,  urges security agencies to fish out perpetrators

Shina Peller visits family of slain LAUTECH student, urges security agencies to fish out perpetrators

1 day ago
NAL holds convocation, invests new fellows Thursday

NAL holds convocation, invests new fellows Thursday

1 day ago
Muslim-Muslim ticket: Competence  should be Nigerians focus- Oladosu, YPM president

Muslim-Muslim ticket: Competence should be Nigerians focus- Oladosu, YPM president

1 day ago
10 Sri Lankans disappeared from Commonwealth Games – Official

10 Sri Lankans disappeared from Commonwealth Games – Official

2 days ago
Osun CP disbands tactical  squad over unprofessional conduct

Osun CP disbands tactical squad over unprofessional conduct

2 days ago
  • Contact Us
  • Advertise
Tuesday, August 9, 2022
Newspeakonline
  • Home
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
  • Home
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
Newspeak
UBA
Home Politics

U.S, EU, reach trade agreements (SEE DETAILS)

Patrick Akpu by Patrick Akpu
July 26, 2018
in Politics
Reading Time: 2 mins read
253 3
0
U.S, EU, reach trade agreements (SEE DETAILS)

Trump-EU-Juncker

Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

The United States and the European Union on Wednesday reached some trade agreement geared towards reducing the tension rising from President Donald Trump’s trade moves against Europe.

RelatedPosts

Trump’s new social media app, ‘Truth Social,’ begins slow rollout

Trump supporter sentenced to five years in prison over assault on US Capitol

Why EU threatened to reject Nigeria’s cocoa-CFAN president

Below is a statement issued by the EU, detailing the agreements reached after a meeting between Trump and President of the European Commission, Jean-Claude Juncker at the White House.

“We met today in Washington, D.C. to launch a new phase in the relationship between the United States and the European Union – a phase of close friendship, of strong trade relations in which both of us will win, of working better together for global security and prosperity, and of fighting jointly against terrorism.

FeedWell

“The United States and the European Union together count more than 830 million citizens and more than 50 percent of global GDP. If we team up, we can make our planet a better, more secure, and more prosperous place.

“Already today, the United States and the European Union have a $1 trillion bilateral trade relationship – the largest economic relationship in the world. We want to further strengthen this trade relationship to the benefit of all American and European citizens.

“This is why we agreed today, first of all, to work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods. We will also work to reduce barriers and increase trade in services, chemicals, pharmaceuticals, medical products, as well as soybeans.

“This will open markets for farmers and workers, increase investment, and lead to greater prosperity in both the United States and the European Union. It will also make trade fairer and more reciprocal.
Secondly, we agreed today to strengthen our strategic cooperation with respect to energy. The European Union wants to import more liquefied natural gas (LNG) from the United States to diversify its energy supply.

“Thirdly, we agreed today to launch a close dialogue on standards in order to ease trade, reduce bureaucratic obstacles, and slash costs.

“Fourthly, we agreed today to join forces to protect American and European companies better from unfair global trade practices. We will therefore work closely together with like-minded partners to reform the WTO and to address unfair trading practices, including intellectual property theft, forced technology transfer, industrial subsidies, distortions created by state owned enterprises, and overcapacity.

“We decided to set up immediately an Executive Working Group of our closest advisors to carry this joint agenda forward. In addition, it will identify short-term measures to facilitate commercial exchanges and assess existing tariff measures. While we are working on this, we will not go against the spirit of this agreement, unless either party terminates the negotiations.

“We also want to resolve the steel and aluminum tariff issues and retaliatory tariffs.”

What's Your Reaction?

  • LolLol
    0
    Lol
  • OMGOMG
    0
    OMG
  • AngryAngry
    0
    Angry
  • LoveLove
    0
    Love
  • CuteCute
    0
    Cute
  • WinWin
    0
    Win
  • CryCry
    0
    Cry

Related

Tags: EUTrump
Previous Post

World Cup: 75 Nigerian football fans abscond in Russia

Next Post

Chinese man sets off explosive outside US embassy

RecentPosts

Osun 2022: Stop attacking Makinde, he has no anointed candidate –Rep

Makinde empowering thugs fingered in killing of people, Oyo APC alleges

August 8, 2022
2023: Lawal will complement Makinde’s ticket, says ex-Oyo ZLP chairman

2023: Lawal will complement Makinde’s ticket, says ex-Oyo ZLP chairman

August 7, 2022
Abiodun must be removed, he won 2019 gov poll through rigging- Amosun

Abiodun:You’re suffering from political amnesia, loneliness-Ogun APC replies Amosun

August 6, 2022
Abiodun must be removed, he won 2019 gov poll through rigging- Amosun

Abiodun must be removed, he won 2019 gov poll through rigging- Amosun

August 6, 2022
How I lost my driver to #EndSARS protest – Minister

Keyamo: Why Obi is ahead of Atiku in 2023 presidential race

August 6, 2022
Why I won’t malign Tinubu’s image- Atiku campaign spokesman

Why I won’t malign Tinubu’s image- Atiku campaign spokesman

August 5, 2022
APC, PDP tackle each other over Ekiti Airport project

Osun: APC’s decision to approach tribunal anti-people, says PDP

August 5, 2022
2023: Atiku names Dino Melaye, Daniel Bwala campaign spokespersons

2023: Atiku names Dino Melaye, Daniel Bwala campaign spokespersons

August 4, 2022
Next Post
Chinese man sets off explosive outside US embassy

Chinese man sets off explosive outside US embassy

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Newspeakonline

© 2020 Newspeak & Associates
Optimized by IChannelTech.

Navigate Site

  • Breaking News
  • Business
  • Entertainment
  • Interview
  • Newpeak Magazine
  • Newspeak Exclusives
  • Politics

Follow Us

No Result
View All Result
  • Home
  • Latest News
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
  • Opinion
  • Interview
  • Newspeak Exclusives

© 2020 Newspeak & Associates
Optimized by IChannelTech.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Newspeak We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications