Trump decided to announce European trade

President Donald Trump on Friday will announce a trade deal at 1:45 Eastern, according to the White House daily guidance. Trump has threatened tariffs on EU cars as well as food and alcohol, and planners Airbus

AIR, -4.30%

and Boeing

BA, -2.02%

has also been the source of trade tensions between the two sides. On Thursday, Trump announced a new 1[ads1]0 percent tariff for $ 300 billion in U.S. goods to take effect in September.