President Trump announced on Sunday that the United States and the European Union had entered into a trade agreement after Meetings with high stakes in ScotlandA few days before myself from the deadline of the White House on Friday to promulgate prices.
Mr. Trump met the senior European officials demanding a fair trade with the European Union of 27 members in his Golf course on the Scottish coast.
“It was a very interesting negotiation. I think it will be great for both parties,” said the president.
The agreement, according to the head of the European Commission, Ursula von der Leyen, is a price of 15% at all levels. She praised Mr. Trump, calling her a “good deal” and a “huge agreement” which followed “difficult negotiations”.
“We have an agreement. We have a trade agreement between the two biggest economies in the world, and it’s a big problem, it’s a huge matter,” she said. “It will bring stability. It will provide predictability.”
Jacquelyn Martin / AP
Trump said: “I think we both wanted to conclude an agreement”, and he predicted that “would bring us closer”. Trump also told journalists more than once that it was the “biggest of all offers”.
Von der Leyen said that the negotiations relate to the EU’s commercial surplus with the United States, and that the agreement would be concluded in a way that would allow the trade to continue while the jobs of the “two sides of the Atlantic” would be rebalanced.
According to Trump, the agreement also includes that all countries of the European Union will be “open for American products” at 0% and that the block will invest $ 600 billion in the United States, the EU will also buy $ 750 billion in American energy as part of the agreement.
“They will accept to invest in the United States $ 600 billion more than they already invest,” said Mr. Trump. “They therefore invest a large sum of money. You know what this amount of money is – it’s very substantial.”
In the remarks before the session, Trump undertook to change what he called “very unilateral transaction, very unfair to the United States”.
“I think the main bonding point is equity,” he said while noting, “we had trouble with trade with Europe, very difficult. “”
Jacquelyn Martin / AP
Without agreement, Trump had threatened to strike imports from the 27 EU member countries with a pricing rate of 30%. The president has long criticized the American-US trade relationship, saying that the United States had been treated unjustly. Last year, the American trade deficit with the EU was around 235 billion dollars.
Maros Sefcovic, the EU commercial negotiator chief; Björn Seibert, the head of the cabinet of Von Der Leyen; Sabine Weyand, the General Directorate of Commerce of the Commission, and Tomas Baert, Head of Commerce and Agriculture at the EU delegation in the United States
Their meeting came after Mr. Trump played golf for the second consecutive day on his turnberry course on the southwest coast of Scotland, this time with a group that included the sons Eric and Donald Jr. The five-day visit of the president in Scotland is built around the golf and promoting properties bearing his name.
contributed to this report.