US EditionStock Markets Mark Time as Trump Puts EU-US Trade Deal at 50/50
UNITED STATES, JUL 25 – President Trump says there is an equal chance of reaching a US-EU trade deal as negotiators discuss tariffs and trade terms amid ongoing talks, officials said.
- This past Friday, Donald Trump estimated there is a '50-50 chance' of striking a deal with the European Union, citing uncertain odds.
- Earlier this month, Trump issued a letter threatening a 30pc tariff on most EU goods by Aug. 1, Trump said.
- EU states on Thursday backed a $109 billion retaliation package set to begin on August 7, while Brussels and Washington appear to agree on a 15-percent US levy, according to multiple diplomats.
- The White House dismissed it as speculation, while Peter Navarro urged taking the EU report with "a grain of salt".
- Beyond EU talks, Trump said his negotiators will send additional tariff letters in the coming days and threatened duties on pharmaceuticals and semiconductors next month.
116 Articles
116 Articles
Washington, United States. - President Donald Trump declared this Friday that the probability of the United States reaching a trade agreement with the European Union is 50%, when the deadline for negotiations is one week before August 1.Trump threatened dozens of U.S. trading partners with new customs tariffs as of August 1 if negotiations fail.So far he only announced agreements with Japan, the Philippines, the United Kingdom, Vietnam and Indon…
With a week left until the deadline for the new US trade tariffs, European Commission President Ursula von der Leyen is calling for a meeting with Trump this weekend. But the president seems reasonably hopeful of reaching an agreement. “I would say we have a 50/50 chance, maybe less than that,” Trump says.
The deadline for reaching an agreement was set at 1 August Donald Trump estimated on Friday 25 July the likelihood of a trade agreement between the United States and the European Union at "50-50",
The EU Commission President and the US President want to negotiate a possible solution to the customs dispute in Scotland - Trump sees a "50:50 chance" for an agreement with the EU.
Odds of U.S.-EU Trade Deal Are 50–50 Ahead of Tariff Deadline: Trump
President Donald Trump said there’s a 50–50 chance that the United States will finalize a trade deal with the European Union before an Aug. 1 deadline. Speaking to a press gaggle at the White House on July 25, Trump set the odds of reaching a deal with the EU at 50 percent or less. The United States and the 27-member trading bloc have been working on making a deal since the beginning of July. “We’re working very diligently with Europe, the EU,” …
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