EU has prepared hundreds of tariffs on U.S. goods if a trade deal can’t be made
- The European Union announced it will impose tariffs on over $107 billion worth of American goods if trade talks with the US fail by June 10, 2025.
- This move follows US tariffs introduced under President Trump, including levies on EU steel, aluminum, vehicles, and other products, which the EU calls unjustified under WTO rules.
- The EU has prepared a 218-page list targeting sectors like aircraft, automobiles, chemicals, bourbon whiskey, and industrial goods, and continues negotiations while readying countermeasures.
- Ryanair, an Irish airline with a £30 billion Boeing order, faces higher costs and may seek alternatives like China’s COMAC if tariffs hit, illustrating broader industry repercussions.
- The EU remains committed to a negotiated outcome to avoid escalation but warns it will respond firmly and continue WTO disputes if the US does not revise tariffs.
19 Articles
19 Articles
Billion-dollar tariffs: EU threatens US counterattack
The trade conflict between the US and the EU is going into the next round: the European Commission is working on special tariffs on US exports worth up to EUR 95 billion. The levies could be affected by whiskey, cars or sweet potatoes. The additional tariffs could be imposed if the EU's negotiations with Washington did not lead to a solution, as a Brussels authority announced. The deadline for this is currently July. There is a 90-day deadline, …
Commission submits list of US goods to be subject to customs clearance
From antiques to batteries and aircraft to breeding horses: In the customs dispute with the USA, the EU Commission has presented a list of thousands of US goods to which new customs duties should apply in the future. By Thomas Spickhofen.
Commercial war: EU wants to target U.S. automobiles and aircraft if negotiations fail
On Thursday, the EU threatened to tax US imports, including cars and aircraft, for 95 billion euros (148.74 million Canadian dollars), in the event of the failure of negotiations to put an end to Donald Trump's customs duties on European products.
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