President Trump has announced a massive trade deal with the European Union. It will cut the tariffs threatened on European imports in half and could mean the EU buys significantly more U.S. energy. The news comes just days before the president’s August 1 deadline. He says he expects a few more deals before Friday, when tariffs will increase for nations that fail to reach an agreement with the U.S. Carol Roth, former investment banker and author, joins Gerri Willis on the Fox Business Rundown to discuss the president’s latest trade deals, and how inflation and other economic data could impact the upcoming Fed meeting and their decision to cut interest rates.

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