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Trump Rates EU Trade Deal Chances at 50% Amid Threats of New Tariffs

2025-07-25 14:43:07

Trump Rates EU Trade Deal Chances at 50% Amid Threats of New Tariffs

Main Idea

Former President Trump estimates a 50% chance of a trade deal with the EU, while threatening new tariffs if no agreement is reached by August 1.

Key Points

1. Trump assesses the likelihood of a US-EU trade deal at approximately 50%.

2. He has warned of imposing punitive tariffs (30%, 10%, or 15%) on the EU if no agreement is reached by August 1.

3. The threat of tariffs suggests a potential shift in US trade policy toward the EU.

Description

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