EU readies retaliatory tariffs to secure better trade deal with Trump
- The European Union is preparing retaliatory tariffs on up to €95 billion of U.S. goods ahead of the July 9, 2025, U.S. deadline to impose 50% tariffs on EU exports.
- This preparation follows years of escalating tariffs initiated by the U.S., including steel, aluminum, and automobile levies, coupled with regulatory disputes over digital service taxes and the Digital Markets Act.
- The EU has held off on activating some retaliation packages to allow negotiations but insists on deploying credible, flexible countermeasures targeting sectors like aircraft, machinery, chemicals, and agri-food if talks fail.
- EU trade chief Maros Sefcovic stated on June 23 that rebalancing measures remain under consideration, while German Chancellor Friedrich Merz affirmed readiness to defend EU interests using all options if no agreement emerges.
- This standoff signals a potential final showdown that could reshape transatlantic trade relations and urges both sides toward a negotiated agreement to avoid deepening economic disruption.
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The EU is considering retaliation tariffs against the US – including on Boeing aircraft. The background is a possible new US tariff round on European exports starting in July.
Coverage Details
Total News Sources23
Leaning Left3Leaning Right2Center5Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 30%
C 50%
R 20%
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