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Trump: 50/50 Chance for Trade Deal with EU, Discusses Japan and UK Deals

New York PostJuly 25, 20252 min1,648 views
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EU Trade Deal Prospects

  • 🎯 President Trump estimates a 50/50 chance of reaching a trade deal with the European Union.
  • πŸ’‘ A key condition for the EU deal is the reduction of their tariffs, which are currently at 30%.
  • πŸ’¬ Trump noted that the EU is eager to make a deal.

Japan Trade Agreement

  • πŸ“ˆ A trade deal was successfully made with Japan, which Trump highlighted as significant.
  • πŸ’° 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

  • πŸ—£οΈ Trump reported a positive meeting with Fed Chair Jerome Powell.
  • βœ… Powell conveyed that "the country is doing really well" and offered congratulations.

UK Trade Deal and Future Meetings

  • 🀝 The US finalized a trade deal with the UK, which had been in negotiation for approximately 12 years.
  • πŸ‡¬πŸ‡§ Trump praised the UK Prime Minister, describing him as a "good guy" and a "good prime minister".
  • πŸ—“οΈ Future meetings are scheduled with the UK Prime Minister at Turnberry and Aberdeen.
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What’s Discussed

Trade DealEuropean UnionTariffsJapan Trade DealJerome PowellFederal ReserveUS EconomyUK Trade DealDonald Trump
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