EU Says It Could Target $84 Billion of U.S. Goods if Tariff Talks Fail
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7 Articles
EU says it could target $84 billion of U.S. goods if tariff talks fail
The European Commission on Monday said it was putting forward a new list of U.S. goods worth €72 billion ($84 billion) that could be targeted by EU levies if tariff talks with Washington fail.The bloc's trade chief, Commissioner Maros Sefcovic, announced
US Planes, Cars, Drinks on EU List for Potential Tariffs
Aircraft, machinery, cars, chemicals, and medical devices are the leading big-ticket items on the latest list of U.S. goods the European Commission has proposed to impose tariffs on if talks with Washington do not yield an agreement on trade.
In the event of the 30% tariffs announced on Saturday Trump, the group of Twenty-seven will impose taxes on US products worth about $84 billion.
If no agreement is reached with the US by the end of July, the EU Commission intends to impose tariffs primarily on US imports of industrial goods. This would involve an additional import volume of around €65.7 billion, according to a 206-page overview from the EU Trade Committee, reported by "Focus." According to the report, the potential tariffs, with an import volume of almost €11 billion, would primarily affect manufacturers of commercial ai…
Facing the risk of being imposed a 30% tax by the US from early August, the European Commission has prepared a list of US goods worth 72 billion euros to impose retaliatory tariffs, affirming its readiness to negotiate but not accepting being put in a weaker position.
Will the US actually levy tariffs of more than 30% on imports from the EU from August 1st? Brussels plans massive counter tariffs. The post tariffs: EU counters Trump plans with 206 pages list for US goods appeared first on financial marketwelt.de.
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