Bullseye American Ingenuity Fund portfolio manager Adam Johnson and Payne Capital Management President Ryan Payne discuss stock market anxiety over President Donald Trump’s tariffs and more on ‘Mornings with Maria.’
The U.S. and the European Union will absolutely strike a trade deal amid looming tariffs, according to President Donald Trump.
Meloni’s visit to Washington comes amid a pause in harsh tariffs against the European Union and other countries that could go into effect in June. But Trump said the U.S. and the EU would lock down a deal before then.
“There will be a trade deal, 100%,” Trump told reporters at the White House Thursday. “Of course there will be a trade deal, they want to make one very much, and we’re going to make a trade deal. I fully expect it, but it’ll be a fair deal.”
When asked if she viewed the U.S. as a reliable trading partner, Meloni said that she wouldn’t be visiting the White House unless that were the case.
ITALY’S MELONI GOES TO WASHINGTON FOR TARIFF HUDDLE WITH TRUMP
President Donald Trump greets Italy’s Prime Minister Giorgia Meloni at the White House, April 17, 2025, in Washington. (AP Newsroom)
Trump has cozied up to Meloni, who visited Mar-a-Lago in January. Trump has previously praised Meloni’s leadership skills, issued high praise again for Meloni Thursday.
“I think she’s a great prime minister,” Trump said. “I think she’s doing a fantastic job in Italy. We were very proud of her.”
The White House has said that more than 75 countries have reached out seeking to negotiate trade deals with the U.S., after the Trump administration unveiled historic tariffs April 2.
The original tariff plan slapped 20% duties on goods from the European Union, but Trump announced on April 9 a 90-day pause on those tariffs where duties would be reduced to 10% as countries work to hash out trade deals with the U.S.
WHO IS GIORGIA MELONI? TRUMP HOSTS ITALIAN PM AT MAR-A-LAGO
President Donald Trump and Italy’s Prime Minister Giorgia Meloni are seated before lunch in the Cabinet Room of the White House, April 17, 2025, in Washington. (AP Newsroom)
Meloni has said Italy isn’t on board with the tariffs imposed on the EU, and is prepared to “deploy all tools” to protect Italian businesses.
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Vice President JD Vance is also slated to meet with Meloni in Rome during a trip to Italy and India that kicks off Friday, where he is expected to discuss “shared economic and geopolitical priorities with leaders in each country,” according to a statement from Vance’s office.
