The United States appears firm on its slated tariff increase on the EU following comments made by U.S. Commerce Secretary Howard Lutnick over the weekend.

U.S. Secretary of Commerce Howard Lutnick testifies before a House Appropriations Committee hearing on U.S. President Donald Trump's budget request for the Department of Commerce, on Capitol Hill in Washington,

Speaking on CBS’ Face the Nation, Lutnick said he had recently spoken with EU trade negotiators and saw "plenty of room" to find common ground. “These are the two biggest trading partners in the world,

The European Union is exploring a broader set of possible counter-measures against the United States as prospects for an acceptable trade agreement with Washington fade, according to EU diplomats.

Good morning. The EU is preparing for a no-deal scenario with the US. Home sellers in the UK are cutting prices at a record pace. And Microsoft’s server software comes under widespread cyberattack. Listen to the day’s top stories.

BRUSSELS >> The European Union is exploring a broader set of possible counter-measures against the United States as prospects for an acceptable trade agreement with Washington fade, according to E.U.