Europe Nears US Trade Deal, But Stands Ready to Retaliate

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

European Union officials are voicing optimism about a possible trade deal with the United States, aiming for 15 percent across-the-board tariffs, including on cars and car parts, but they have also made clear that they are prepared to strike back should an agreement fall through.

On Thursday, nearly every European Union country voted to back a plan to retaliate against...

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