Nearly every member of the European Union supports a plan to hit back against President Trump’s tariffs if no agreement is reached.

President Donald Trump was set to meet European Commission President Ursula von der Leyen as the European Union races to set terms of a trade deal before the Aug. 1 deadline. The meeting is the only official business on the president's schedule for Sunday amid rounds of golf.

President Donald Trump is set to hold trade talks with President of the European Commission Ursula von der Leyen, days before the Aug. 1 tariff deadline.

President Donald Trump is meeting Sunday with European Commission chief Ursula von der Leyen, taking a break from golfing in Scotland to discuss trade.

After months of intensive talks and shuttle diplomacy, a trade agreement between the European Union and the US 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.

In the tariff dispute with the European Union, US President Donald Trump currently sees the chances of reaching an agreement at around 50%. "I would say that we have a 50-50 chance, maybe less than that,

President Trump has threatened to impose a 30% tariff on imports from the European Union's 27 member countries if no trade deal is reached by Aug. 1.

The S&P 500 and Nasdaq notched record high closes on Wednesday, lifted by Nvidia and GE Vernova, as the European Union and the U.S. appeared headed toward a trade deal similar to an agreement President Donald Trump struck with Japan.