Juncker and Trump are meeting today in an attempt to overcome the trade war both sides are embroiled in – with both men uncertain what can be achieved.
The European Union is coming to Washington tomorrow to negotiate a deal on Trade. I have an idea for them. Both the U.S. and the E.U. drop all Tariffs, Barriers and Subsidies! That would finally be called Free Market and Fair Trade! Hope they do it, we are ready – but they won’t!
— Donald J. Trump (@realDonaldTrump) 25 July 2018
Juncker has spent all week managing expectations, while Trump has claimed on twitter that tariffs – the bone of contention between America and the EU are ‘great.’
Tariffs are the greatest! Either a country which has treated the United States unfairly on Trade negotiates a fair deal, or it gets hit with Tariffs. It’s as simple as that – and everybody’s talking! Remember, we are the “piggy bank” that’s being robbed. All will be Great!
— Donald J. Trump (@realDonaldTrump) 24 July 2018
Juncker said: “I am not very optimistic. I know Mr Trump pretty well. I have met him frequently and know how to deal with him and know how he deals with others. We will negotiate as equals,” Mr Juncker told German public broadcaster ZDF.
Mr Juncker said that the EU is “not in the dock – we don’t need to defend ourselves.
“We are here to explain ourselves and explore ways to avoid a trade war,” he said.
President Trump has described the European Union as a foe of the United States and has accused the EU of taking advantage of America on trade.