Pres. Trump is saying that he is very confident on a trade deal with the EU.
- Moving along on trade very well
- Expects to make announcement about trade deals but are in no rush.
- Will end up with substantial number of baseline tariffs.
- We will make a very good deal with China
Italian PM Meloni says:
- I am sure we will make a deal on tariffs.
- Will invite Pres. Trump to Italy
Pres. Trump is meeting with the Italian PM Meloni at the White House and speaking to the press
On other trade news, FoxBusiness Gasparino citing people with direct knowledge, says that
- If the current trajectory of the negotiations remains, White House officials expect to soon announce a trade deal with Japan
This article was written by Greg Michalowski at www.forexlive.com.