U.S. President Donald Trump is hailing a win after the European Union vowed to invest an additional $600 billion in the U.S. — although it's unclear if the bloc can materialize its pledge. Asked in a Tuesday interview with CNBC what could happen if the EU fails to honor its commitment, Trump said, "Then they pay tariffs at 35%. No, no. They brought down their tariffs, so they paid $600 billion and because of that, I reduced their tariffs from 30% down to 15%." The investment pledge is part of the July trade deal between the two partners which includes 15% tariffs on EU goods, as well as an agreement for increased investment and the purchase of $750 billion worth of U.S. energy. Describing the investment as a "gift," Trump told CNBC on Tuesday that the EU "gave us $600 billion that we can i

See Full Page