Trump Announces Deal Averting U.S.-EU Trade War

The video discusses a meeting at the White House to enhance US-EU relations, focusing on global security and economic cooperation. The US and EU together represent over 50% of global GDP and trade. They aim to strengthen their $1 trillion trade relationship by eliminating tariffs, non-tariff barriers, and subsidies on non-auto industrial goods, benefiting citizens on both sides.

What is the main focus of the new phase in the US-EU relationship?

• Space exploration

• Cultural exchange programs

• Close friendship and strong trade relations

• Military cooperation

How many citizens do the US and EU together represent?

• Over 830 million

• Over 500 million

• Over 700 million

• Over 1 billion

What percentage of the global GDP do the US and EU account for together?

• Less than 30%

• Around 60%

• Exactly 40%

• More than 50%

What is the value of the bilateral trade relationship between the US and EU?

• $500 billion

• $2 trillion

• $1 trillion

• $750 billion

What is the goal for tariffs and subsidies on non-auto industrial goods between the US and EU?

• Increase tariffs

• Maintain current levels

• Introduce new subsidies

• Zero tariffs, non-tariff barriers, and subsidies