"We’re Not Far from a Deal"

Eric Lombard says a U.S.-EU trade agreement is close, with both sides pushing for resolution before August 1.

Why August 1 Matters

That date is seen as a soft deadline to avoid retaliatory tariffs that could escalate into a broader trade conflict.

Tariff Tensions Loom

Without a deal, Europe may face fresh U.S. tariffs, and the EU is prepared to strike back.

Sectors at Risk

Industries like automotive, agriculture, and tech could be affected most if tariffs are imposed.

U.S.–EU Trade History Still Fragile

This effort follows years of post-Brexit tensions and previous trade disputes between Washington and Brussels.

High Stakes for Global Economy

Failure to reach a deal could impact markets, disrupt supply chains, and create inflationary pressures worldwide.