LeadStory

CBS News

What is the best-case scenario on a Trump, European Union trade deal

CBS News · New
CBS News
CBS News
New

European Commission President Ursula von der Leyen will meet President Trump in Scotland on Sunday to discuss a potential trade deal. CBS News business contributor Javier David has more.

Breakdown
  • President Trump and EU Commission President von der Leyen are meeting to discuss a trade deal.
  • Trump has threatened a 30 percent tariff on EU imports if no agreement is reached. 7s
  • Experts suggest a realistic deal would involve tariffs around 10 to 15 percent. 1m 18s
  • Major issues like the EU's value-added tax are unlikely to be resolved in the talks. 1m 31s
  • A weaker US dollar could help American exports, but higher tariffs may offset those gains. 2m 44s
International PoliticsForeign Affairs