Several European Union officials responsible for negotiating Sunday’s trade agreement with the US think the deal they hammered out was the least-bad option available to the bloc, according to people familiar with their thinking.

Unlike the European Union, the Japanese government has made no indication it plans to impose any kind of reciprocal tariff on the U.S., even if the U.S. does move forward with its planned 25% tariffs on all Japanese exports.

The European Union’s response to US President Donald Trump implementing 30% tariffs on European products will be “firm, quick and robust”, Commissioner Michael McGrath has said. Mr Trump threatened the EU and Mexico with a 30% tariffs on imports to the US from August.