Group 1 - The European Commission aims to reach a trade agreement with the United States by August 1, with the possibility of finalizing it in the coming days [1]

Core Points - The European Commission President Ursula von der Leyen stated that the EU is evaluating the latest US trade proposal [1] - The EU is preparing for the possibility of "not reaching a trade agreement with the US" [1]

Core Viewpoint - The CEO of LVMH emphasizes the necessity for Europe to reach a trade agreement with the United States, indicating that the current situation is not optimistic and both sides need to make concessions [1] Group 1 - Europe must adopt a more constructive attitude in trade negotiations with the United States [1] - The trade talks between Europe and the United States require both parties to compromise [1]