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0:51Now PlayingPresident Donald Trump said he expected to reach a trade deal with the European Union as he welcomed Italian Prime Minister Giorgia Meloni to the White House, but indicated he was in no hurry to finalize agreements over tariffs until he could assure they addressed his concerns.
“There’ll be a trade deal,” Trump said Thursday, adding “I fully expect it, but it’ll be a fair deal.”
The president offered no timeline for when he expected the first of the agreements with trading partners seeking to avoid high tariffs he has threatened to be finalized, saying only that they would happen “at a certain point.”
“We’re in no rush,” he added. “We are going to have very little problem making a deal with Europe or anyone else.”
Meloni is visiting Washington to secure tariff relief for her nation and the European Union, with her talks being closely watched by other trading partners eager for any insight into what concessions Trump is seeking.
The Italian prime minister, who is an ideological ally of the US president and the leader of a Group of Seven economy, is seen as a potential bridge between his administration and the EU amid a trade fight that’s rattled financial markets and deepened fears of a global downturn.
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