Trump And EU Agree To Work Toward Zero Tariffs

President Donald Trump and European Commission President Jean-Claude Juncker  deliver a joint statement on trade in the Rose Garden of the White House Wednesday in Washington, D.C

Win McNamee / Getty Images

Updated at 6:54 p.m. ET

President Trump and European Commission President Jean-Claude Juncker said Wednesday that they have agreed to work toward removing all trade barriers between the two sides.

In a Rose Garden announcement, Trump said the EU had also agreed to buy U.S. soybeans, a day after he announced a $12 billion bailout package for farmers hit by retaliatory tariffs. Trump said the EU will also become a “massive buyer” of U.S. liquefied natural gas.