The EU says the U.S. is resisting efforts to strike a trade deal and warned of countermeasures if no agreement is reached with U.S. by Aug. 1.

European Union officials warned on Monday that countermeasures are still on the table if they cannot reach a trade deal with the United States to avoid the 30 percent tariffs that President Trump announced over the weekend would take effect on Aug.

The European Union is working towards a favorable trade deal with the United States by August 1, while preparing potential counteractions should negotiations collapse. EU trade commissioners emphasize the importance of a negotiated solution.