The European Union and South Korea said on Monday they were working on trade deals with U.S. President Donald Trump that would soften the blow from looming tariffs as Washington threatens to impose hefty duties from August 1.

The European Union remains hopeful of reaching a trade agreement with the United States despite President Donald Trump's intensified threat of

BRUSSELS] European Union ministers agreed on Monday (Jul 14) to prioritise negotiations with the US to avoid threatened 30 per cent tariffs that the EU trade chief said would wreck transatlantic trade.