Trump’s EU Trade Win & Ghislaine Maxwell Questioned | 7.28.25 artwork

Trump’s EU Trade Win & Ghislaine Maxwell Questioned | 7.28.25

Morning Wire

July 28, 2025

President Trump strikes a trade deal with the European Union, the DOJ questions Ghislaine Maxwell for the first time, and private aid reportedly vanishes before reaching the victims of the LA fires. Get the facts first with Morning Wire.
Speakers: John Bickley, Donald Trump, Georgia Howe, Jonathan Turley, Sue Pasco, Cabot Phillips, Ursula von der Leyen, Howard Lutnick, David Oscar Marcus, Virginia Cruda, Miles Teller, Samuel L. Jackson, David Howard
**John Bickley** (0:04)
President Trump touts more foreign policy wins and a massive new trade deal with the EU.

**Donald Trump** (0:09)
All of the countries will be opened up to trade with the United States at zero tariff.

**John Bickley** (0:13)
I'm Daily Wire, Executive Editor John Bickley with Georgia Howe. It's Monday, July 28th, and this is Morning Wire.

**Georgia Howe** (0:25)
Epstein confidant Ghislaine Maxwell is questioned for the first time by the DOJ, leaving legal experts baffled as to why it took this long.

**Jonathan Turley** (0:34)
The fact that she is untapped is remarkable.

**John Bickley** (0:37)
And Trump slams Gavin Newsom after millions of dollars raised for LA fire victims reportedly vanishes.

**Sue Pasco** (0:43)
The money is not going to the victims that you wanted the money to go to.

**Georgia Howe** (0:47)
Thanks for waking up with Morning Wire. Stay tuned, we have the news you need to know.

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**Georgia Howe** (1:25)
President Trump traveled to Europe this weekend to finalize a trade deal with the EU, while also brokering a ceasefire between Thailand and Cambodia.

**John Bickley** (1:34)
Daily Wire's senior editor, Cabot Phillips, is here with The Latest 8 Cabot. So Trump working on a number of high stakes deals. Let's start with this conflict in Asia that erupted over the weekend. What exactly happened there?

**Cabot Phillips** (1:45)
Yeah, so start with some context. For more than a century, Thailand and Cambodia have been in a bitter dispute over two ancient temples which both countries claim is their own. After a war of words between leaders from both countries escalated throughout the month, a large firefight broke out Thursday along the border and intensified over the next three days. Within 72 hours, at least 35 people, mostly civilians, had been killed and more than 200,000 people were forced to flee. That drove President Trump to intervene. He called leaders in each country demanding that they begin peace talks and threatening higher tariffs and no trade deal if they ignore him. Writing on Truth Social, he said, They are looking to get back to the trading table with the United States, which we think is inappropriate to do until such time as the fighting stops. So, he's basically saying, keep fighting and you won't get a deal.
Remember, without a trade deal in the next four days, each country would be facing enormous 36% tariffs. And that threat seemed to get their attention. Within hours of Trump stepping in, the two sides issued statements thanking the president and announcing that they would immediately begin negotiations on a ceasefire. Those talks will take place later this afternoon in Malaysia.

**John Bickley** (2:49)
So a great development. Let's hope that gets resolved permanently. Now Trump also was working on a massive deal with the European Union. Where does that stand now?

**Cabot Phillips** (2:58)
Yeah, after months of negotiating, on Sunday, the president hit an economic buzzer beater, if you will, finalizing a trade deal with the EU just before his August 1st deadline. According to Trump, the US will set a baseline 15% tariff on most European goods, while the EU will open up their markets to American goods at a 0% tariff. And additionally, Trump says the EU has also agreed to purchase $750 billion in energy and defense products from the US. Here he is announcing that agreement Sunday afternoon.

**Donald Trump** (3:27)
So we have a tariff of 15%.
We have the opening up of all of the European countries, which I think I could say were essentially closed. I mean, you weren't exactly taking our orders. You weren't exactly taking our agriculture. And then you would have smaller things. But for the most part, it was closed. And now it's open. It's open for companies to go in and do a good job with. And I think you'll like them. I think it's great that we made a deal today instead of playing games.

**Cabot Phillips** (3:57)
Now remember, the Europeans initially had proposed a deal that would see zero tariffs on both sides. But when Trump stood firm, they countered by pushing for 10% rates. So the fact the US was able to secure 15% without retaliation from the EU is undoubtedly a big win for the White House. But for her part, EU Commission President Ursula von der Leyen expressed optimism.

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