President Trump announces a landmark U.S.-EU trade deal hailed as the “biggest ever,” while South Korea pushes for inclusion with a late proposal focused on shipbuilding and economic collaboration.
WEBDESK, July 28, 2025
US President and Republican frontrunner Donald Trump has made headlines once again, announcing what he called the “biggest trade deal ever made” between the United States and the European Union. While full details of the agreement remain under wraps, sources from both Washington and Brussels have confirmed that the deal outlines a comprehensive framework aimed at slashing tariffs and boosting industrial cooperation ahead of the critical August deadline.
In a televised statement, Trump declared, “This is a tremendous step forward. It’s the biggest and best trade deal anyone has ever made with the EU. It’s a win for American workers and farmers.”
The announcement follows weeks of intense backchannel negotiations and comes as Trump campaigns to return to the White House in 2025. According to Fox News, Trump emphasized the deal’s impact on U.S. manufacturing, agriculture, and technology sectors, claiming it would restore balance in transatlantic trade relations.
Financial giant Howard Lutnick, CEO of Cantor Fitzgerald, threw his weight behind Trump’s efforts, telling Fox Business, “There’s a 50-50 chance he seals this deal before the August deadline. But knowing Trump, he’ll go full throttle to make it happen.”
As momentum builds, unexpected players are entering the fray. Bloomberg reports that South Korea has offered its state-of-the-art shipyards as part of a proposed side deal with Trump’s team, aiming to secure a last-minute spot in the broader trade framework. While the Korea angle remains speculative, it signals rising international interest in aligning with Trump’s economic vision.
Meanwhile, the European Commission has confirmed that discussions are ongoing but urged caution. “We have agreed on a framework. Much remains to be negotiated,” said a spokesperson.
Trump’s announcement has already caused ripples in financial markets, with U.S. steel and auto shares climbing in pre-market trading. Political analysts see this move as a strategic masterstroke as Trump courts both domestic voters and international investors ahead of the November election.
While critics question the timing and feasibility of the deal, given Trump’s history of brinkmanship, the former president appears undeterred. “Nobody makes better deals than I do,” he reiterated during a rally in Pennsylvania.
As the August deadline approaches, all eyes remain on whether Trump can transform his trademark bravado into a legacy-defining economic pact.
