The Guardian: "Tariffs are the greatest, tweets Trump - hours before meeting Juncker" - "Donald Trump issued a fresh threat to the EU hours before a meeting with Jean-Claude Juncker at the White House, where the European commission president is to make a last-ditch effort to avert a transatlantic trade war".
The leaders agreed to "launch a new phase" in the relationship and "to work together towards zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods", Trump said. The newly-introduced tariffs had a particular impact on the EU-produced steel and aluminum, while US President Trump also suggested introducing a 20% duty on all European imported cars.
"We had a big day, very big", Trump said during a press conference with Juncker at the White House on Wednesday.
According to the Wall Street Journal, South Dakota Senator Mike Rounds, a Republican, asked: "At what point do we start seeing things move out of the chaotic state they are in now and to where we actually see new trade agreements?"
On Wednesday, Trump and Juncker said they have agreed to work toward "zero tariffs" and "zero subsidies" on non-automotive goods.
Juncker said the European Union already imports 35 percent of its natural gas from U.S. producers, but will work to buy more.
"They are going to be a massive buyer of LNG", Trump said. "It's a first step". We've still got to work out the details.
The truce may prove to be short lived if the two sides can't resolve their differences over trade in vehicles and auto parts.
Moments before the joint statement was to start, the White House issued a press release blasting other nations, including the European Union, over tariffs related to agriculture.
"Our biggest exposure, our biggest unmitigated exposure, is really steel and aluminum when you look at all of the commodities", GM CEO Mary Barra said Wednesday.
Trump says a 10 per cent tax on imports of cars to the European Union is too high compared with the 2.5 per cent rate charged by the USA, and he's also been critical of the European Union over its US$150 billion trade surplus with the U.S. The E.U. subsequently retaliated with tariffs on a number of USA goods. Trump wrote on Twitter.
"I think it's a sign that our government caused this by these tariffs, and it's a sign they're trying to help us because they know they're the ones that imposed these and they caused this market to go down", Mensink said. "China made $517 billion on us previous year".
Mr Trump has repeatedly expressed frustration that the EU imposes a 10pc tariff on imported U.S. cars, while the USA tariff on European cars is only 2.5pc.
Mark Recker has been a farmer with his dad at the family farm for the past 25 years.
European officials had warned before the White House meeting that they would respond to auto tariffs by putting similar duties on $20bn (€17.1bn) of United States goods, including agricultural, hi-tech and other machinery.