FNC's Shannon Bream hosts Bloomberg's Mario Parker, former Biden WH spokesperson Meghan Hayes, former RNC communications director Doug Heye, and former Bush administration official Michael Allen to talk about the latest updates on President Trump's trade war with the EU and Iran nuclear talks heating up again.

U.S. President Donald Trump on Friday once again threatened to ramp up his trade war, recommending a 50% tariff on European Union goods starting June 1, sending European stocks tumbling. The United States was the trading bloc's biggest export partner in 2024,

President Donald Trump spoke with Russian President Vladimir Putin about ending the war in Ukraine, hosted the president of South Africa at the White House and threatened more stringent tariffs against the European Union this week.

The Trump administration sees tariff talks as a chance to pressure a rival into concessions. E.U. officials have acted as though they were dealing with an ally.

LVMH boss Bernard Arnault has criticised the EU’s efforts to strike a deal with the US to reduce Donald Trump’s tariffs, saying the bloc’s negotiations with Washington had got off to a “bad start”.

A string of U.S.-led deals with key trading partners could help reduce heightened uncertainty in the business community and financial markets but represent a “suboptimal” solution, says the European Union’s top economic official.