US President Donald Trump shared his evaluations regarding the probability of achieving a trade agreement with the European Union. He noted that the chances of success are about 50-50.
Chances of Agreement with the EU
Trump stated that the chances of signing a trade agreement with the European Union currently stand at around 50%, or even lower. He emphasized that officials in Brussels are actively seeking an agreement.
Discussion on Tariffs and Possible Compromises
According to Trump, for a deal to take place, the EU must 'buy down' the 30% tariff that is set to come into effect on August 1. However, no details on how this would be achieved were provided. Observers noted the possibility of a compromise based on the US-Japan agreement, in which incoming European exports would face a uniform 15% rate.
Trump's Visit to Scotland and Meetings with Leaders
Amid these trade negotiations, Trump plans to visit Scotland to open a new 18-hole golf course. He also expressed readiness to meet with leaders from the Labour Party and Scotland to discuss defense and security issues.
The possibility of a trade agreement between the US and the EU remains uncertain. Trump emphasizes the need for changes in Europe's tariff policy, while his visit to Scotland underscores the diplomatic aspects of his administration.
