Trump: 50/50 Chance for Trade Deal with EU, Discusses Japan and UK Deals
New York PostJuly 25, 20252 min1,648 views
3 connectionsΒ·6 entities in this videoβEU Trade Deal Prospects
- π― President Trump estimates a 50/50 chance of reaching a trade deal with the European Union.
- π‘ A key condition for the EU deal is the reduction of their tariffs, which are currently at 30%.
- π¬ Trump noted that the EU is eager to make a deal.
Japan Trade Agreement
- π A trade deal was successfully made with Japan, which Trump highlighted as significant.
- π° The Japan deal involves $550 billion and includes provisions for the US to have the right to trade freely within Japan.
Meeting with Fed Chair Powell
- π£οΈ Trump reported a positive meeting with Fed Chair Jerome Powell.
- β Powell conveyed that "the country is doing really well" and offered congratulations.
UK Trade Deal and Future Meetings
- π€ The US finalized a trade deal with the UK, which had been in negotiation for approximately 12 years.
- π¬π§ Trump praised the UK Prime Minister, describing him as a "good guy" and a "good prime minister".
- ποΈ Future meetings are scheduled with the UK Prime Minister at Turnberry and Aberdeen.
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Transcript8 segments
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Whatβs Discussed
Trade DealEuropean UnionTariffsJapan Trade DealJerome PowellFederal ReserveUS EconomyUK Trade DealDonald Trump
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