US-EU Trade Talks - Business Outrank

Trump has sparked fresh tensions with Europe ahead of critical US-EU trade talks, warning European leaders to “get your act together” on immigration or risk losing the continent altogether. Speaking from his Turnberry golf resort in Scotland, the US President also criticized Europe’s use of wind turbines, claiming they are “ruining your countries.” As intensive negotiations continued between US and EU officials, Trump’s remarks overshadowed the buildup to a high-stakes meeting with European Commission President Ursula von der Leyen. He rated the chances of a trade agreement at “a good 50-50,” while admitting there were “20 sticking points” without disclosing details. Expected trade discussions will reportedly focus on tariff adjustments—potentially a 15% rate on exports like cars and pharmaceuticals, though a controversial 50% tariff may remain on steel. Any new pharmaceutical tariff would violate existing WTO rules, yet could avert a feared trade war, especially with countries like Germany and Ireland. Trump’s visit has prompted the largest security operation in Scotland since 2022, with over 5,000 personnel deployed. While the visit is officially a family holiday, talks with UK Prime Minister Keir Starmer and EU leaders may reshape future transatlantic trade dynamics.

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