July 26, 2018
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US President Donald Trump and European Commission President Jean-Claude Juncker announced that they have reached an understanding on lowering barriers between the two sides.
During his visit to the White House, Juncker appeared to have made several concessions to POTUS Trump in an effort to avoid a trade war...such concession include buying more US soybeans and purchasing expensive, American LNG.
Trump was firm in his stance on trade with the EU, insisting on reciprocal trade relations between the two blocks.
“I came to make a deal, and we made a deal today,” Juncker said on Wednesday at the White House.
Juncker confirmed that the EU will build more terminals in order to import liquid natural gas (LNG) from the US. LNG has to be delivered by ship to specialized facilities, unlike the natural gas currently being delivered to Europe from Russia.
Trump stated that the EU will be buying “a lot more” soybeans from the United States, and that Brussels and Washington will work to eliminate tariffs, barriers and subsidies on “non-auto industrial goods.”
In short, Juncker came to the White House and completely folded to Trump's demands. As RT's Max Keiser so aptly puts it...Juncker came to DC and became a "surrender monkey."
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