Trump, which is traveled to Scotland for a few days for golf and bilateral meetings, he told reporters upon his arrival on Friday evening that he was looking forward to meeting with von der Leyen which he called"a highly respected leader."

"The biggest deal ever"

They met today, and before discussing the trade agreement, they held a press conference.

US President Donald Trump, after a meeting with the President of the European Commission Ursula von der Leyen, he said that the agreement with the EU is the biggest agreement ever reached.

As he stated, the EU will invest 600 billion dollars in the USA, and will also buy energy products worth 150 billion dollars.

According to von der Leyen, the agreement will bring stability.

Von der Leyen confirmed that the US tariff on goods from Europe will amount to 15% for all products.

Washington has previously threatened a 30% tariff.

The agreement also includes promises of billions of dollars worth of investment and energy purchases from Brussels.

"The end for a few years"

As he stated during the press conference attended by von der Leyen,"if an agreement is reached it will be the end for several years".

Trump said any deal would not include pharmaceutical products He ruled out the possibility. t that the tariffs applicable to the EU are below 15 percent. He also criticized European cars, stating that American car manufacturers are not allowed to sell in the EU market.

Sitting next to Trump in the club's ballroom, von der Leyen said she was looking forward to the talks to come.

"Our staff has done the hard work, but now it's up to us," she said."If we're successful, I think this would be the biggest agreement any of us have ever reached."

She also estimated the chances of reaching an agreement at 50-50.

"The chances are 50-50"

The President of the European Commission, Ursula von der Leyen, said today that she estimates the chances of the European Union and the United States of America reaching a trade agreement at 50-50.

"I am very much looking forward to the conversation with Trump. If we reach an agreement, it will be the biggest agreement that we and the US have ever reached"Von der Leyen said ahead of a meeting with US President Donald Trump at his estate in Scotland, Reuters reported.

Von der Leyen added that Trump is a"difficult negotiator".

In the event that there is no agreement and the US introduces tariffs of 30 percent from August 1, the EU has prepared counter-tariffs on 93 billion euros ($109 billion) of American goods, the agency reminds.