According to a report by Bloomberg, the European Union (EU) has drawn up a sweeping roster of potential tariffs covering $84 billion (€72 billion) in U.S. exports, significantly heightening tensions in its trade dispute with Washington.
Compiled by the European Commission and spanning 206 pages, the proposed measures target a broad spectrum of U.S. goods, including Boeing aircraft, automobiles, bourbon, agricultural produce, chemicals, and machinery.
The value of goods earmarked for possible tariffs was trimmed from an initial estimate of €95 billion after talks with EU member states and industry representatives.
Although the final list refrains from specifying exact tariff rates, the move marks a clear escalation in the ongoing transatlantic trade feud. The planned response comes on the heels of U.S. President Donald Trump’s decision to slap a 20% tariff on most EU imports and an additional 25% duties on cars and car parts.
President Trump has since threatened to push EU tariffs even higher, potentially raising them to 30% by August 1—a level that EU trade commissioner Maros Sefcovic characterized as “effectively prohibitive.”
EU trade ministers convened in Brussels on Monday, with Sefcovic expected to maintain discussions with U.S. Commerce Secretary Howard Lutnick as efforts continue to find solutions for both sides.
