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'Not focused on talks with Canada'

Financial Express Hyderabad

|

July 26, 2025

US PRESIDENT 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.

- AKAYLA GARDNER

"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 said on 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.

"I think EU has got a pretty good chance of making a deal," Trump added.

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