The Globe and Mail reports in its Tuesday edition that the Trump administration is more concerned with the quality of trade agreements than their timing, U.S. Treasury Secretary Scott Bessent said on Monday ahead of an Aug. 1 deadline for countries to secure trade deals or face steep tariffs. A Reuters dispatch to The Globe quotes Mr. Bessent telling CNBC, "We're not going to rush for the sake of doing deals." President Donald Trump has upended the global economy with a trade war that has targeted most U.S. trading partners, but his administration has fallen far short of its plan to clinch deals with dozens of countries. European Union diplomats said they were exploring a broader set of possible countermeasures against the U.S., given fading prospects for an acceptable trade agreement with Washington. An increasing number of EU members, including Germany, are now considering using "anti-coercion" measures that would let the bloc target U.S. services or curb access to public tenders in the absence of a deal, diplomats said. On China, Mr. Bessent said there would be "talks in the very near future." U.S. officials have long complained about China's overcapacity in various manufacturing sectors, including steel.