The European Union has no choice but to negotiate a new trade deal with the United States, President Donald Trump told CNBC.
A day earlier Trump met with the European Commission president Ursula von der Leyen during the Davos forum. In an interview he said they had a great talk.
During the meeting, Trump told the EU official that they would be forced to take action unless the trade deal is reached.
He said Europe is tough to deal with, but the EU has no other option now.
In 2018 trade deficit between the United States and the EU reached $109 million. According to the recent data by U.S. Commerce Department, the American exports of goods and services to the EU supported an estimated 2.6 million jobs in 2015.
“I wanted to wait until I finished with China, I didn’t want to go with China and Europe at the same time,” the president told CNBC.
