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EU has prepared hundreds of tariffs on U.S. goods if a trade deal can’t be made

  • The European Commission announced on Thursday that it has prepared hundreds of tariffs on over $107 billion worth of U.S. Goods if no trade deal is reached by June 10.
  • This action follows the Trump administration's tariffs on EU steel, aluminum, and vehicles, and includes a 90-day partial suspension window aimed at negotiation.
  • The EU's tariff list covers diverse U.S. Exports, including agricultural, industrial, and automotive products, and directly affects companies like Boeing and airline Ryanair, which may shift orders to COMAC.
  • Ursula von der Leyen, head of the European Commission, emphasized that the EU is dedicated to reaching negotiated agreements with the United States, while also preparing for every possible scenario to protect its interests.
  • If enforced, these countermeasures valued at €95bn could intensify trade disputes, posing risks to consumer prices, corporate expansion, and the stability of industries in both Europe and the United States.
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L'Opinion broke the news in on Thursday, May 8, 2025.
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