Trump scores another big trade deal after securing promise of massive investment, but China will be less willing to cave, analyst says

(Credit: Li Ying—Xinhua/Getty Images)

• President Donald Trump said the EU will invest $600 billion in the U.S., buy $750 billion worth of American energy products, and purchase “vast amounts” of weapons as part of a trade deal that sets a 15% tariff. It comes a week after a similar agreement with Japan, which pledged to invest $550 billion in key U.S. industrial sectors.

Now that trade deals have been clinched with the European Union and Japan, the U.S. looks to focus on China as the world’s two biggest economies prepare for high-stakes talks.