July 25, 2025
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0:28Now PlayingPresident Donald Trump put the odds of striking a trade deal with Europe to reduce the tariff rate on their imports at 50-50, even as diplomats from the trading bloc have expressed optimism in recent days that an agreement could be near.
“I would say that we have a 50-50 chance, maybe less than that, but a 50-50 chance of making a deal with the EU,” Trump told reporters Friday before departing for a golf trip to Scotland.
But, in a signal of how quickly fortunes can turn in the trade negotiations, Trump then said US and EU negotiators were working “closely” to strike a deal and predicted an agreement could come to fruition.
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