EU to Prepare Retaliation Plan as US Trade Stance Hardens

WATCH: EU envoys are set to meet as early as this week to come up with a plan for measures to respond to a possible a no-deal scenario with the US. Balazs Penz reports.Source: Bloomberg

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By Alberto Nardelli

July 20, 2025 at 8:45 AM UTC

Updated on

July 20, 2025 at 3:22 PM UTC

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 Aug. 1 deadline.

The overwhelming preference is to keep negotiations with Washington on track in a bid for an outcome to the impasse ahead of next month’s deadline.