Trade agreement talks between the US and EU are gaining momentum!

EU Commission President Ursula von der Leyen announced that she will meet with US President Trump in Scotland on Sunday following a positive phone call. They will discuss how to strengthen transatlantic trade relations.

Trump stated that the chances of reaching an agreement are about fifty-fifty. However, the extent and scope of this agreement are still unclear.

After the talks, more information about the tariffs imposed by the US on EU countries and their impacts will be available. How both sides will navigate this process to protect their interests is a topic of great interest.

The results of the trade agreement could have significant effects on the global economy. Therefore, how the talks will conclude is being closely monitored worldwide.