EU chief to meet Trump in Scotland in push to secure a US trade deal

The European Commission President Ursula von Der Leyen will meet with US President Donald Trump in Scotland at the weekend and will try to reach a framework trade agreement shortly before a 30% tariff in EU imports.

One post On Friday, the EU’s von der Leyen in the social media platform X said he agreed to interview with the US President to “to discuss transatlantic trade relations and how we can keep them strong”.

Trump then confirmed that the meeting would take place when he came to Scotland on Friday evening and said, “We will see if we can make an agreement.”

“I think we have a good 50/50 chance. This is a lot,” he added.

The sources say that the CNBC contains 15% tariffs for EU imports in the current basic scenario for an agreement.

As of August 1, Trump threatened to apply 30% tariff to EU goods and asked the EU to consider it as part of the response of counter -measures.

The US and the EU have the world’s largest binary trade and investment relationship, representing almost 30% of global goods and services trade and constitutes 43% of the global gross domestic product (GDP). According to EU figures.

Trump’s four -day and Golf heavy Scottish visit is expected to see an informal meeting with British Prime Minister Keir Starmer.

Unlike the EU, the UK made a trade agreement with Trump administration, which has recently focused on the 10% tariff base line on British goods coming to the USA.

The US and the EU’s hopes to prevent a transatlantic trade war as of August 1 were at least in part of the announcement of a framework agreement between the United States and Japan.

The US-Japanese agreement that Trump defines on social media post It contains a basic tariff ratio of 15%as “perhaps the biggest agreement ever made”.

Jack Allen-Reynolds, Capital Economics Vice President Euro Regional Economist, in question On Friday, a similar framework for the EU can be seen as a situation that a bad agreement is better than any agreement.

“This week, this week, the EU and the United States on the US imports with a basic tariff of 15% on the import of a trade agreement shows that they are on the verge of accepting. It is difficult to return as a good agreement, but at least much higher US tariffs and retaliation from the EU,” he said. He said.

– Silvia Amaro from CNBC contributed to this report.