EU diplomats are preparing for a possible no-deal outcome as trade talks with the US stall ahead of an August 1 deadline set by President Donald Trump.
Despite ongoing negotiations, little progress has been made, with the US pushing for broad tariffs over 10 percent on most EU goods, excluding limited sectors like aviation, medical equipment, and select medicines, according to Firstpost.
Trump has already imposed heavy duties on cars, metals, and copper, and is threatening further tariffs on semiconductors and pharmaceuticals. The EU says current measures affect €380bn in exports and is seeking broader exemptions, while weighing potential retaliation.