Trump Slaps EU With 15% Tariff Deal — “Better? No.” | Ursula Forced to Smile, U.S Refuses Any Relief - video Dailymotion

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U.S President Trump refused to lower tariffs for the European Union, finalizing a major trade deal that locks in a flat 15% duty on most EU imports. When asked if he could offer a “better” rate, Trump snapped: “Better? Meaning lower? No.”    European Commission President Ursula von der Leyen was forced to smile through the awkward moment, securing zero tariff relief despite a last-minute scramble to strike a deal at Trump’s Turnberry resort in Scotland.    The EU, in return, agreed to $750 billion in U.S. energy purchases—but walked away with no concessions, no exemptions, and plenty of political pressure at home. Was this a win for stability or a one-sided surrender?      #Trump #EUTradeDeal #UrsulaVonDerLeyen #TariffWar #USPolitics #EuropeNews #TradeDeal #Trump2025 #BreakingNews #EnergyDeal #TrumpSpeech #GlobalTrade  Also Read  Harvard Not To Receive New Grants Until It Meets White House Demands: Trump Administration :: https://www.oneindia.com/international/harvard-to-not-receive-new-grants-until-it-meets-white-house-demands-trump-administration-4144481.html?ref=DMDesc  White House Slammed For 'Dehumanising' Deportation Video Set To Pop Anthem: 'Na Na Na Na, Na Na Na Na' :: https://www.oneindia.com/international/white-house-slammed-for-dehumanising-deportation-video-set-to-pop-anthem-na-na-na-na-na-na-na-n-4116107.html?ref=DMDesc  Historic Southern Magnolia Tree to Be Removed from the White House Grounds Over Safety Concerns :: https://www.oneindia.com/international/historic-tree-removal-white-house-safety-concerns-011-4109883.html?ref=DMDesc    ~HT.178~PR.274~ED.102~

Transcript

00:00A very good relationship over the years, but it's been a very one-sided transaction,

00:23very unfair to the United States. And I think both sides want to see a bit

00:28in fairness, but it's been a very, very one-sided deal, and it shouldn't be. And so we're here

00:34with her very brilliant staff, and hopefully we'll resolve a few issues. But it's a great

00:42honor. You know, we just built this ballroom, and we're building a great ballroom at the

00:46White House. The White House has wanted a ballroom for 150 years, but they never had

00:50a real estate person. You know, nobody, no president knew how to build a ballroom. But

00:54this just opened, you know, a relatively short time ago, and it's been quite the success.

01:00And I think, I was just saying, I could take this one, drop it right down there, and it

01:04would be beautiful. This is exactly what they've wanted. But it's an honor to have you at the

01:09new ballroom at Turnberry. And thank you very much. Thank you.

01:13The Pressel- Thank you very much, Mr. President.

01:16Thank you very much for inviting me here. Indeed, it is today about trade between the European

01:24Union and the United States. We're together the two largest economies worldwide.

01:28Right. If you look at the trade volume, it's the biggest trade volume globally, with $1.7

01:35trillion among us. And if you look at our markets, it's a huge market, 800 million people, if

01:43you take the United States and the European Union. So, I'm very much looking forward to

01:49the discussions we will have now. Our staff have done some of the heavy lifting, but now

01:56it's on us. And you're known as a tough negotiator and dealmaker.

02:03But fair. And fair. And what is in front of us.

02:07That's less important.

02:08If we are successful, I think it would be the biggest deal each of us has ever struck.

02:14So, I'm very much looking forward to it. Ever struck by anybody. That's true. That's

02:18true. Right now, we have that. That honor goes to Japan. We just struck a deal with Japan,

02:23as you know. And we're very close to a deal with China. We really sort of made a deal with

02:29China, but we'll see how that goes. And we have numerous other deals. And mostly, I'm

02:33just going to charge tariffs. And, you know, it's not a deal per se, but people are going

02:38to pay tariffs. And we're doing them at the low end, not the high end, because we don't

02:41want to hurt anybody. And pretty well. But you and I both figured this is really the

02:48biggest trading partnership in the world, so we should give it a shot. Right?

02:52Yeah. Very much looking forward to that.

02:54Thank you very much. I do, too. Thank you.

02:57Any questions, please? On a Friday, you put the chances of a deal of 50 percent.

03:02It seems like you're in quite a good mood. How would you rate those chances now?

03:06I'm actually not in a good mood, but I will tell you, I think the chances are, yeah, I

03:14think, Ursula would say, probably 50-50 of making a deal. I hope. You know, I'd like

03:19to make a deal. I think it's good for both. But yeah, I'd say 50-50.

03:23And what would you say the main sticking points are at this point?

03:26We have three or four sticking points. I'd rather not get in. We'll be discussing them.

03:31But I think the main sticking point is fairness. I look forward to this meeting. You know,

03:36we've had a hard time with trade with Europe. Very hard time. And I'd like to see it resolved.

03:45But if it isn't, we'll, you know, have tariffs. They'll do what they have to do.

03:50But we have a good chance of getting it resolved. We'll probably know in about an hour.

03:54Shouldn't take that long. It's, you know, it's complicated, but not really complicated when you get right down to it. Right?

04:00Is that on the August 1st deadline? Is there any chance to buy it?

04:04No. No. The August 1st is there for everyone. The deals all start on August 1st. Most of the deals,

04:11other than steel and aluminum, which we've been getting 50% tariffs from, I guess, just about everybody.

04:18And those have come in. And we've taken in, you know, hundreds of billions of dollars just on steel and aluminum.

04:25You've seen the numbers. We had a tremendous amount of money come in over the last month.

04:31And it's coming in, you know, very rapidly, which is fair.

04:35We have a lot of steel mills and plants, aluminum mills and plants being built.

04:39We have a lot of AI being built. And we have a lot of auto plants being built or going to be built because they don't want to pay tariffs.

04:46So, you know, if they don't want to pay tariffs, the best way to do it is just build your plant in the United States.

04:53I think the president is right. We have a 50 to 50% chance to strike a deal.

04:58And indeed, it is about rebalancing. So you can call it fairness. You can call it rebalancing.

05:04We have a surplus. The United States has a deficit. And we have to rebalance it.

05:09We have an excellent trade relation. It's a huge volume of trade that we have together.

05:14So we will make it more sustainable.

05:17Mr. Trump, can you do better than a 15% tariff raise with the EU?

05:22Better meaning lower? No.

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Trump Slaps EU With 15% Tariff Deal — “Better? No.” | Ursula Forced to Smile, U.S Refuses Any Relief

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