Maddog wrote:The US and EU have agreed to avoid an all-out trade war and work to lower tariffs, in talks that US President Donald Trump hailed as "a very strong understanding".
He and European Commission chief Jean-Claude Juncker announced a "new phase" in EU-US relations, after Wednesday's meeting at the White House.
Mr Trump's threat to impose tariffs on European cars was put aside.
The EU plans to buy more US liquefied natural gas (LNG) and soybeans.
A joint statement said the two leaders agreed to "work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods".
US import tariffs of 25% on steel and 10% on aluminium, imposed in March, will however remain in place.
https://www.bbc.co.uk/news/world-us-canada-44961560
Trump made the EU blink. He's a bit of a gambler, which explains all of his bankruptcies, but he also has a short memory, which people like that need.
He throws shit against the wall and sees if it sticks. If it doesn't, he moves on and tries something else.
Probably not the most stable way to run a country, but it's far more exciting.
Trump established EU sanctions, the EU returned the favour. Trump blinked...