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.

The European Union is exploring a broader set of possible counter-measures against the United States as prospects for an acceptable trade agreement with Washington fade, according to EU diplomats.

Good morning. The EU is preparing for a no-deal scenario with the US. Home sellers in the UK are cutting prices at a record pace. And Microsoft’s server software comes under widespread cyberattack. Listen to the day’s top stories.