European Union to buy 'a lot of soybeans'

European Union to buy ‘a lot of soybeans’

President Donald Trump meets with European Commission president Jean-Claude Juncker in the Oval Office of the White House, Wednesday, July 25, 2018, in Washington. (AP Photo/Evan Vucci)

WASHINGTON — President Donald Trump says the United States and the European Union have agreed to work toward “zero tariffs” and “zero subsidies” on non-automobile goods.

Trump also says the EU has also agreed to buy “a lot of soybeans” and increase its imports of liquefied natural gas from the U.S.

Trump says the EU will become a “massive buyer” of LNG to help diversify their energy supply.

The president announced the agreements at the White House on Wednesday following meetings with European officials prompted by Trump’s trade dispute with the EU.

He declared it a “very big day for free and fair trade.”

• $12 billion emergency aid plan set for farmers hurt by tariffs

• Trump accuses China of using ‘vicious’ trade tactics

• EU imposes tariffs on US motorcycles, peanuts and whiskey

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