EU Firms Up Trade Strategy Ahead of Trump’s Tariff Deadline

European Union leaders are set to debate their strategy in response to President Donald Trump’s trade war, with the likely choices coming down to accepting an unbalanced deal or risking escalation by striking back.

European Commission President Ursula von der Leyen will brief EU leaders on the status of negotiations with the US over dinner Thursday as several capitals push the commission, which handles trade matters for the bloc, to go for a quick deal with the US even if it means that many of Trump’s tariffs stay in place, according to people familiar with the matter.