On Sunday, US President Donald Trump expressed optimism about achieving a trade agreement with the European Union, although they tick the clock towards the 1st August, which could cause sweeping tariffs to export the EU to the United States.
Trump, who spoke at the beginning of the meeting with a high share with the President of the European Commission Ursula von der Leyen in his golf resort Turnberry on the Scottish West Coast, said that there is a “good chance” that it agrees, despite the “three or four main sticky points”.
On Sunday, US President Donald Trump expressed confidence that the United States and the European Union may conclude a trade agreement, although there is a risk that there is a risk of 1 August, that it will cause extensive EU exports.
Trump said at the beginning of the meeting with the President of the European Commission Ursula von der Leyen in his golf resort Turnberry in Scotland remains “three or four main adhesive points”, the key problem is “justice”, especially in terms of obstacles to American and agricultural exports.
From Leyen: Courses are 50-50
Von der Leyen acknowledged that the conversations were balanced on the edge of the knife and stated that before the deadline there was a chance to provide an agreement.
“President Trump is a hard negotiator and a businessman,” she said before the meeting. “If we reach an agreement, it will be the biggest agreement that one of us has done.”
She also stressed that any agreement would have to be based on justice and the balance of the current business relationship between the two economies.
Business interviews against a tariff threat
Meeting a high proportion comes in the middle of the escalating pressure from Washington, which threatened to save 30% of the over-inch tariff on EU goods, unless an agreement is reached. Currently, EU exports are already facing 25% of cars, 50% for steel and aluminum and another 10% for other goods.
The European Commission, which represents all 27 EU Member States, seeks to avoid further economic tensions and prevent retaliation and at the same time maintains a transatlantic business relationship worth approximately $ 1.9 trillion per year.
Sunday’s personal meeting between Trump and von der Leyen was the last effort to avoid a transatlantic store.
The breakthrough, if it was achieved, could avert what both parties consider to be a harmful trade war and offer a forward the way to stabilize the relationship between US-EU in the middle of wider geopolitical tensions.
(Tagstotranslate) Trump EU Trade Deal (T) US-EU Trade Imteractions (T) Trump von der Leyen Meeting
