The odds of an agreement between the two biggest economies in the world, the United States and the European Union, are 100 per cent, according to Donald Trump. Trump stated, “Oh, there’ll be a trade deal, 100%,” as he met with Prime Minister Giorgia Meloni of Italy. “They want to make one, and I firmly expect that we will reach a trade agreement. It will be a fair bargain, though.
For various reasons, both parties have made reaching an agreement a top priority. a way for the EU to escape the agonising consequences of the 20% tax that Trump first declared this month and then put on hold.
The White House has framed the 90-day suspension as a crucial window of time for other nations to travel to Washington, DC, meet with the US president, and settle. It is still unclear if such a deal should benefit both parties or just one.
Meloni’s trip was the first by a European leader since the so-called “reciprocal tariffs” were introduced, and it was the latest in a series of diplomatic meetings. Trump had met with a Japanese trade delegation the day before.
The optimism in the room was shared by the Italian premier, who has used her right-wing credentials to portray herself as a bridge-builder between the two sides of the Atlantic.
Also Read:
Despite Tariffs, The World Economy Should Avoid a Recession, According to The IMF Chief
Crafting Joy With Art And Hospitality With Nara Hospitality: Raad Hossain
