Planes, Whiskey and Cars: EU Threatens US Goods Pressing for a Tariff Deal
BRUSSELS, EUROPEAN UNION, JUL 15 – The European Union plans $108 billion in tariffs on US goods as retaliation for threatened 30% US tariffs, aiming to pressure a trade deal before the August 1 deadline.
- In Brussels, the European Commission proposed a €72 billion list of US goods, ready if talks collapse.
- Amid stalled negotiations, the EU warned of 'absolutely unacceptable' tariffs, while Mr Trump threatened 30pc duties from Aug 1.
- Preparing counter-tariffs, EU trade ministers met in Brussels on Monday, and EU trade commissioner Maros Sefcovic unveiled €72 billion in countermeasures.
- The EU extended its suspension of countermeasures until early August and will continue seeking a negotiated settlement.
- Goldman Sachs warned that Mr Trump’s 30pc tariffs would slash eurozone growth by 1.2pc by the end of next year.
38 Articles
38 Articles
Europe Preps Retaliatory Tariffs for U.S. Goods in Case of No Trade Deal
The European Union said it is preparing a second list of U.S. products reportedly including aircraft and wines that would face retaliatory duties if the bloc doesn’t reach a deal by President Donald Trump’s Aug. 1 deadline.
Planes, whiskey and cars: EU threatens US goods pressing for a tariff deal
Planes and whiskey are some of the goods that Brussels plans to target if tariff negotiations with Washington fail. While the EU commission had hoped for a positive outcome months into negotiations, US President Donald Trump threw a curveball at the weekend announcing that he would impose a 30 percent levy on European goods from August 1 if no deal was made.
EU threatens US planes and whiskey while pressing for deal
Brussels plans to target US goods including planes, cars and whiskey if trade talks with Washington fail, according to a list seen by AFP on Tuesday, as the bloc renewed its push for a deal.
“The EU Is Preparing Additional Counter-Tariffs On Imports From The U.S.”
The European Union (EU) is preparing additional counter-tariffs on imports from the United States (U.S.) worth 72 billion euros (84 billion dollars), said European Commissioner for Trade MarosSefcovic on Monday, after U.S. President Donald Trump announced new tariffs. The EU still hopes to find a negotiated solution to the dispute with Washington over alleged trade […] The post “The EU Is Preparing Additional Counter-Tariffs On Imports From The …
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