Trump has sent letters to leaders of dozens of countries outlining the tariff levels set to begin on Aug. 1. In recent months, Trump has rolled back some of his steepest tariffs, meaning delays could be possible in the case of the Aug. 1 deadline. The Trump administration appears to have stood largely behind the deadline in recent days, however.

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.

Long-proposed levies on imports from the U.S. worth 21 billion euros are currently on pause until Aug. 6, and the European Commission has prepared a second round of tariffs targeting trade worth 72 billion euros. Imports ranging from clothing to agricultural products and food and drink items could be affected.