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The European Commission President Jean Claude Juncker is arriving in Washington today to make an effort to prevent an all-out trade war with the United States in a last-ditch effort. A failure to reach an agreement today would invariably lead to the smooth passage for tariffs on auto and auto-parts import from the European Union, which is the biggest vehicle exporter to the United States.
President Trump previously said after the G7 meeting in Canada that at the meeting he offered to drop all tariffs and barriers to trade if all the countries agree to it but no one was interested in that and reportedly changed the subject quickly.
However, he has once again highlighted his offer to the EU once more at one of his tweets before Mr. Juncker’s arrival in Washington, “The European Union is coming to Washington tomorrow to negotiate a deal on Trade. I have an idea for them. Both the U.S. and the E.U. drop all Tariffs, Barriers and Subsidies! That would finally be called Free Market and Fair Trade! Hope they do it, we are ready - but they won’t!”
However, according to the EU Commission, Mr. Juncker is not visiting President Trump to get a trade agreement or with any offers but to hold discussions and dialogues.
