Trump, on a possible commercial pact with the EU: "There is 50% possibilities, or less"

Chijioke Obinna

Trump, on a possible commercial pact with the EU: "There is 50% possibilities, or less"

The president of the United States, Donald Trump, has said this Friday that There are “50% possibilities, or less” to achieve a commercial pact with the European Union (EU) before the next August 1 expired by Washington to start Apply 30% tariffs to European imports.

“I would say that we have a 50% possibilities, perhaps less, but 50% chance of reaching an agreement with the EU. It will be an agreement in which they have to give something to reduce their tariffsbecause right now they are in 30% and will have to give something, or leave them as they are. But they want to reach an agreement with all their might, “Trump told journalists outside the White House.

“I would have said we have 25% possibilities with Japan. And they continued to insist, and we reached an agreement, “the president added on the frame agreed with Tokyo and announced last Tuesday, for which the Japanese products will finally load with a 15% taxlower figure with respect to 25% that Trump said he would apply to them as of August 1.

The Republican, who spoke with the media shortly before traveling to Scotland, recalled today that Japan also accepted Invest 550,000 million dollars in American soil And that also accepted increase your acquisitions of US imports in sectors such as agriculturaltraditionally armored in the Asian country.

“Most of the agreement with Japan, and we may achieve it with the EU, we may achieve it, it is that We have the right to enter and trade. We have achieved that right. Japan have opened totally to the United States “Trump said pointing to the demands that Washington has raised to Brussels about the need to reduce what to consider tariff and non -tariff barriers “unfair.”

Trump decided to send in recent weeks a series of letters to several of its commercial partners and assured that the tariff conditions collected in those missives will be what Washington will impose to these countries if pacts are not reached before August 1.

“Once those letters are sent, we have an agreement. We send some (letters) to Japan, another to the EU, and they returned and negotiated an agreement. I think the EU has good chances of reaching an agreement “New York added.

From his return to the White House in January, Trump has undertaken a Commercial War against its partners with the aim of correcting the commercial deficits Americans and reindustrialize The country with foreign investment.

Chijioke Obinna

I've been passionate about storytelling and journalism since my early days growing up in Lagos. With a background in political science and years of experience in investigative reporting, I aim to bring nuanced perspectives to pressing global issues. Outside of writing, I enjoy exploring Nigeria’s vibrant cultural scene and mentoring young aspiring journalists.