EU Trade Deal - Business Outrank

Italian Prime Minister Giorgia Meloni met with former U.S. President Donald Trump on Thursday which created new possibilities for a potential trade agreement between the United States and Europe. Trump declared total assurance about obtaining the agreement by stating it was “expected” and “fair.” The EU stands at risk of facing 25% import tariffs on cars and steel and aluminium products as well as other products since the 90-day tariff pause is set to expire. Trump stated that “they want to make one” which indicates his belief in obtaining a deal. Giorgia Meloni demonstrated her diplomatic role by stating that she lacks authority to speak for the entire EU yet she believed open communication could solve existing disputes. The Italian leader demonstrates her dual role by safeguarding Italian economic interests while upholding EU-wide concerns. The United States continues to focus on trade negotiations with China and other nations according to Trump. Trump accepted Meloni's invitation to visit Italy and he will welcome Vice President JD Vance to Rome on Friday. The Italian Prime Minister faces dual challenges to safeguard her country's export-driven economy that achieved a €40 billion trade surplus with America during 2023 while upholding EU obligations.

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