EU prepares retaliation plan as US trade stance hardens
US president Donald Trump speaks to Republican senators in the White House on Friday. EU envoys are set to meet this week to formulate a plan for measures to respond to a possible no-deal scenario with Mr Trump, whose tariff negotiating position is seen to have stiffened ahead of an August 1 deadline. Picture: AP Photo/Alex Brandon
European Union envoys are set to meet as early as this week to formulate a plan for measures to respond to a possible no-deal scenario with US president Donald Trump, whose tariff negotiating position is seen to have stiffened ahead of an August 1 deadline.
The overwhelming preference is to keep negotiations with Washington on track in a bid for a negotiated outcome to the impasse ahead of next month’s deadline.
