European Union leaders are discussing their response to President Donald Trump’s latest proposal on trade after a briefing from Ursula von der Leyen.The European Commission president told EU leaders at summit talks in Brussels on Thursday evening that she had received the latest US tariff offer,

BRUSSELS—The European Union is considering lowering tariffs on a range of U.S. imports in a bid to clinch a speedy trade deal with President Trump, according to people familiar with the matter. EU leaders debated how much they are willing to sacrifice to win over Trump at a meeting in Brussels on Thursday evening.

President Donald Trump said he may not stick to an upcoming deadline when major U.S. tariffs are set to snap back into effect on a slew of countries. "No," Trump said at the White House when asked if that early July deadline is set in stone.