Trump’s advisers have privately expressed irritation to European officials that EU member nations’ differing trade priorities have slowed down the talks, according to people familiar with the discussions.

After weeks of touting post-Liberation Day efforts to calm uneasy markets, Trump vowed to target the European Union with new 50 percent tariffs, declaring that he was no longer interested in reaching a trade deal following days of sluggish negotiations.

Vietnam said on Friday its trade minister met with the U.S. Commerce Secretary and senators during a visit to the United States, pledging during talks on tariffs to narrow their trade gap and combat trade fraud and illegal transhipment.

A new Trump tariff threat targets a bloc of 27 countries that add up to the largest U.S. trade partner.

European Central Bank President Christine Lagarde warned that international trade will be changed forever by the tensions over tariffs, even as the world’s leading economies edge toward some compromises.

World Trade Week again finds its place on the national calendar, with President Donald Trump on Saturday declaring that the era of American jobs being “sold out” by globalist elites is over. His proclamation again highlights the stark differences with predecessor President Joe Biden.

President Trump’s latest tariff threat against the European Union hits a bloc that comprises the single-largest U.S. trade partner.