Trump, european union and a trade deal
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European Union countries have expressed broad support for one round of 30% retaliatory tariffs if the United States does not reach a trade deal with the EU.
After months of intensive talks and shuttle diplomacy, a trade agreement between the European Union and the U.S. now rests mostly on Donald Trump.
This week's U.S. trade agreement with Japan could provide a framework for a pact with the European Union, experts say.
The European Union dominates critical pharmaceutical imports into the United States, making the 30% tariffs Trump threatened to go into effect Aug. 1 particularly risky.
Germany, France and the United Kingdom hold talks with Iran in Istanbul Friday, just days after the three European nations warned they would reimpose stiff sanctions on Tehran.
As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.
The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at midnight in Brussels