Europe is striving to reach a trade agreement with the United States before August 1. U.S. President Donald Trump also announced that his country has reached a new agreement with Japan that includes reducing tariffs to 15%. He mentioned the possibility of a soon-to-be-held meeting with Chinese President Xi Jinping, saying, "Xi invited me to China, and it is likely that we will meet soon." At the same time, Thailand is close to signing a similar agreement, with a reduction in tariffs to 36%.