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International Business Times
International Business Times
World

Trump Says '50/50 Chance' Of US-EU Trade Deal

European Union Donald Trump United States Ursula von der Leyen
US President Donald Trump says the chances of a trade deal with the European Union are 50/50 (Credit: AFP)

Donald Trump said Friday there was a 50 percent chance of a trade deal with the European Union as the bloc's chief Ursula von der Leyen announced a weekend meeting with the US president.

In an attempt to slash his country's trade deficits, Trump has vowed to hit dozens of countries with punitive tariff hikes if they do not hammer out a pact with Washington by August 1.

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