The American Commercial Deal-the European Union is still in the air while Trump was going to Scotland

President Trump said on Friday that there is “a 50/50 opportunity, and perhaps less than that” for his administration, which concluded a commercial deal with the European Union before the deadline waving on the horizon next week.

Mr. Trump, who made comments before leaving A four -day visit to ScotlandIt comes before the White House August 1 deadline For amazing trade agreements with the European Union and other countries. If the United States and the European Union fail to reach an agreement, the President threatened to impose a 30 % tariff on imports from the 27 member states of the trading bloc.

Dozens of other countries also face tariff rates from August 1, with the exception of those that have already conducted a deal before the deadline.

The United States recently announced the outline of commercial deals With Japanand ChinaIndonesia , The Philippines and UKAlthough there are many details still exist.

European officials have suggested this week that they may be open to a 15 % baseline tariff rate, while indicating that the European Union is ready to strike US exports with fees on more than $ 100 billion of American goods starting from August 7 if the two sides fail to connect a deal.

Trade experts say that the United States agreement can reflect the Trump administration agreement this week with Japan, which imposes a 15 % tariff on Japanese imports. On the other hand, Japan has committed to investing $ 550 billion in the United States and opens its local market to US exports, including cars and some agricultural products.

Financial markets have been optimistic this week about the threat of definitions, although the final date of the White House is approaching commercial deals, with the leadership of American indexes modestly on Friday.

“Reports this week indicate that the European Union and the United States are about to agree on a trade agreement with a 15 % basic tariff for US imports,” Jacques Allen Reynolds, Vice President of Economists in the eurozone at Capital Economics, told investors in a research note. “It is difficult to rotate as a good deal, but it is at least to avoid definitions and take revenge on the United States at least. As a result, the market’s reaction was positive.”

Associated Press

He contributed to this report.