Odds of U.S.-EU Trade Deal Are 50–50 Ahead of Tariff Deadline: Trump

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European lawmakers approved a set of counter tariffs on American goods set to be enacted if a deal cannot be reached.

Odds of U.S.-EU Trade Deal Are 50–50 Ahead of Tariff Deadline: Trump

President Donald Trump speaks to the press before departing for Scotland from the White House on July 25, 2025. Madalina Kilroy/The Epoch Times

Austin Alonzo

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President Donald Trump said there’s a 50–50 chance that the United States will finalize a trade deal with the European Union before an Aug. 1 deadline.

Speaking to a press gaggle at the White House on July 25, Trump set the odds of reaching a deal with the EU at 50 percent or less. The United States and the 27-member trading bloc have been working on making a deal since the beginning of July.

Austin Alonzo

Austin Alonzo covers U.S. political and national news for The Epoch Times. He has covered local, business and agricultural news in Kansas City, Missouri, since 2012. He is a graduate of the University of Missouri. You can reach Austin via email at [email protected]

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