Is the EU Seeking a New Economic Alliance? Brussels' Anxiety - EU "Defense Alliance" Involving Canada and Japan

President Trump has warned that the U.S. will impose a 30% comprehensive tariff on the EU and Mexico starting August 1st. In response, the EU is considering delaying retaliatory tariffs while advancing plans to collaborate with other affected countries such as Canada and Japan. On social media, French President Macron has called for "resolute opposition," while German Chancellor Merz has urged for "calm dialogue." General citizens and businesses have posted mixed opinions. Goldman Sachs predicts that the EU's GDP could cumulatively decrease by 1.2%. If negotiations are not concluded by August 1st, global trade could enter a phase of escalating retaliatory measures.