Trump: The chances of a deal between the US and Europe are only 50%, and it will set a new round of tariffs for other countries

ChainCatcher news, according to Jinshi reports, although EU diplomats have recently been optimistic about reaching a trade agreement, Trump stated that the likelihood of an agreement between the US and EU on lowering import tariffs is "only fifty-fifty."

Trump said, "I think the chances of reaching an agreement are fifty-fifty, maybe even less, but there is still a fifty percent chance. US and EU negotiators are working closely together to try to reach an agreement." Earlier this month, Trump issued a letter stating that if the US and EU cannot reach an agreement by August 1, the EU will face punitive measures imposing a 30% tariff on most goods, as well as additional tariffs specific to certain industries.

Trump also stated today that in the coming days, he will unilaterally send out nearly 200 tariff letters, setting a new round of tariffs for other countries, with some letters specifying tariff rates of 10% or 15%.