According to Odaily Planet Daily, the EU envoy will hold a meeting as early as this week to address countermeasures in response to the potential 'no deal' scenario with U.S. President Trump. Trump's stance in tariff negotiations has hardened ahead of the August 1 deadline. Although most prefer to continue negotiating with Washington, there has been no sustained progress since last week's talks. Negotiations will continue over the next two weeks. Sources reveal that the U.S. hopes to impose tariffs higher than 10% on EU goods, with exemptions narrowed down to the aviation industry, certain medical devices and generics, several alcoholic beverages, and specific manufacturing equipment.