After months of intensive talks and shuttle diplomacy, a trade agreement between the European Union and the U.S. now rests mostly on Donald Trump.

European Union countries have expressed broad support for one round of 30% retaliatory tariffs if the United States does not reach a trade deal with the EU.

This week's U.S. trade agreement with Japan could provide a framework for a pact with the European Union, experts say.

The European Union dominates critical pharmaceutical imports into the United States, making the 30% tariffs Trump threatened to go into effect Aug. 1 particularly risky.

President Donald Trump is set to meet Sunday with European Commission President Ursula von der Leyen to continue talks on a trade deal. Ahead of that meeting, policy analysts say that any agreement on trade must include the removal of non-tariff regulations and digital service taxes that largely target U.

Germany, France and the United Kingdom hold talks with Iran in Istanbul Friday, just days after the three European nations warned they would reimpose stiff sanctions on Tehran.

As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.