The European Union expects to find out on Monday whether President Trump will impose more tariffs, in a move economists have warned would have repercussions on both sides of the Atlantic.

Good morning. The EU is rushing to lock in a 10% tariff rate with the US. Donald Trump promises to send more weapons to Ukraine. And Dubai’s luxury property market is booming. Listen to the day’s top stories.

This follows last-minute talks by the EU, Japan, and South Korea to strike trade deals and avoid steep US tariffs.

President Donald Trump cranked up the pressure Monday on America’s trading partners, firing off letters to heads of several countries, informing them of their new tariff rate. But at the same time, Trump took some of the edge off by signing an executive action Monday to extend the date for all “reciprocal” tariffs,