WAPO: Trump, E.U. announce deal to avert escalation of trade tensions
President Trump and European Commission President Jean-Claude Juncker say they have reached an agreement to work toward eliminating tariffs on industrial goods and to increase European imports of liquefied natural gas and soybeans. The two leaders also said both sides would hold off on further tariffs and continue to work together to resolve disputes over steel, aluminum and cars.
We’ve seen this play before. Donald Trump backs off trade tariffs only to re-impose them later.