Trump optimistic about upcoming trade talks with China, EU

發佈日期: 2025-07-26 19:51
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The Trump administration's grace period for new global tariffs is set to expire in about a week. 

The U.S. president said he's confident about the new round of trade talks with China to be held in Sweden later this month, while indicating there was a good chance of striking an agreement with the European Union. 

A framework deal on trade between the U.S. and EU could be reached this weekend to end months of uncertainty, according to a Reuters report. 

Before departing for his trip to Scotland, U.S. President Donald Trump expressed confidence that upcoming economic and trade talks with China in Stockholm could yield success. 

Trump said: "We have the confines of a deal with China."

Beijing's Commerce Ministry has announced the high-level Chinese delegation will again be helmed by Vice Premier He Lifeng. 

U.S. treasury chief Scott Bessent earlier said he hopes the negotiations can include discussions on extending the deadline set for steeper tariffs, along with Beijing's purchases of Russian and Iranian oil, which undercut American sanctions on those two countries. 

Following the signing of trade pacts with some of the U.S.'s Asian trading partners, including Indonesia, Japan, Vietnam and the Philippines, Trump told reporters he sees an even chance of an agreement with Europe. 

Trump said: "I would say that we have a 50/50 chance, maybe less than that. But a 50/50 chance of making a deal with the EU. And it'll be a deal where they have to buy down their tariffs because they're right now at 30 percent."

The president explained negotiators from both sides were working closely. 

EU leaders are reportedly voicing optimism about a possible deal with Washington that would result in a 15 percent tariff baseline for most imports from the 27-nation bloc. 

European Commission President Ursula von der Leyen posted on social media she would meet Trump in Scotland on Sunday to discuss transatlantic trade relations, and how to "keep them strong."

Meanwhile, Brazilian President Luiz Inacio Lula da Silva stressed he remains open to dialogue as the 50 percent U.S. tariffs on Brazil loom.

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