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Latest details on Trump-EU trade deal

President Trump announced over the weekend that the U.S. and the European Union have reached a trade agreement. CBS News' Weijia Jiang and Kelly O'Grady have the latest on that and the president's comments about aid deliveries in Gaza and the Russia-Ukraine war.
Jul 28, 2025 (09:03)

TRANSCRIPT FOR: “LATEST DETAILS ON TRUMP-EU TRADE DEAL, TRUMP'S COMMENTS ON GAZA AND RUSSIA”

MAJOR GARRETT:
00:08:16

[LAUGHS] I hope I've been training hard enough. But look.

MAJOR GARRETT:
00:08:20

I'm sure you have. This week we've got-- well, thank you. We'll see. --the Federal Reserve interest rate decision. We've got the jobs report out on Friday. We have inflation data, the Fed's preferred gauge on Thursday. And we also have a slew of company earnings. I'm talking Meta, Microsoft. These are big drivers of your 401(k). So investors are really-- they're happy with that EU trade deal, but they're bracing for what will come in this week ahead. I think that Friday jobs report is going to be very, very critical, also happens to fall on the new tariff deadline on August 1.

MAJOR GARRETT:
00:08:53

When it comes to analytic-- economic analytical fitness-- that's a hard thing to say on live television. But I got it out. It took me two efforts-- no one can outshine Kelly O'Grady. Kelly, thank you so much.

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