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US Pres. Trump: We will be able to make a trade deal with EU without imposing auto tariffs

Speaking at a press conference on the final day of the 45th G7 summit in the French city of Biarritz, “I think we will be able to make a trade deal with the  EU  without imposing auto tariffs, US President Donald Trump said. “The  EU  is a very strong group, not easy to deal with but we’re close to a deal with them.”

Wall Street’s main indexes seem to be reacting positively to these comments. As of writing, the Dow Jones Industrial Average and the S&P 500 were both up 0.8% on the day while the Nasdaq Composite was adding 1.15%.  

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