US President Donald Trump said that the probability of concluding a new trade agreement with the European Union is 50%, emphasizing that he will pursue America's interests before any negotiations, writes Skynews.

In a brief statement to reporters during a round of golf at a course in Turnberry, Scotland, President Donald Trump was asked about the chances of a trade deal between the United States and the European Union. His answer was short and to the point:"Probably 50-50."

Although he avoided providing details about possible negotiations, the American leader said that any agreement would have to be in favor of US interests:"If it's not a good deal for the US, we won't do it. But it could be. We'll see what happens."

The golf course and foreign policy

Later today, Trump will meet with European Commission President Ursula von der Leyen for discussions on the trade relationship between Europe and the US.

The meeting comes ahead of Mr Trump’s so-called “Liberation Day” tariff hike on August 1. The EU currently faces the prospect of US tariffs on more than 70% of its exports – 50% on steel and aluminium, 25% on cars and car parts, as well as a 10% duty on most EU goods, which Mr Trump has said will rise to 30% on August 1.

Tomorrow, Mr Trump will meet with Sir Keir Starmer, and the two leaders will discuss the recent trade deal between the UK and the US.

Reports suggest the Prime Minister will ask the US leader to reduce tariffs on British steel.