President Trump said on Friday there is a “50/50 chance, maybe less than that” of his administration striking a trade deal with the European Union ahead of a looming deadline next week.
Mr. Trump, who made the comments before he left for a four-day visit to Scotland, comes ahead of the White House’s Aug. 1 deadline for striking trade agreements with the the EU and other nations. If the US and EU fail to reach a deal, the president has threatened to impose a 30% tariff on imports from the trading bloc’s 27 member countries.
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