Politico Europe reports:
The European Union upped the pressure Thursday in its trade dispute with U.S. President Donald Trump by proposing potential tariffs on nearly €100 billion of imports — including big-ticket items like aircraft.
The lists include includes passenger cars, medical devices, chemicals and plastics, and a slew of agricultural products. Also back on the list are bourbon and other spirits, after wine-producing nations France and Italy pressured the Commission to remove them fearing Trump’s wrath.
These are part of a 200-page catalog of more than 4,800 goods compiled by EU trade officials in response to Trump’s imposition last month of “reciprocal” tariffs as well as tariffs on EU cars. EU imports of these items exceeded €109 billion in 2024 according to Eurostat — aircraft are the biggest at more than €13 billion followed by autos at €7 billion.
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EU takes aim at US planes, autos in €100B counterstrike against Trump tariffs. Brussels moves ahead with its retaliation, conceding its transatlantic ties with Washington may be beyond repair. It may file WTO suit. https://t.co/nwpPTEtKIG pic.twitter.com/AEPL3RkYdz
— Peter Roman (@TsarKastik) May 8, 2025
WATCH: The EU intends to propose tariffs on Boeing jets, according to the Financial Times. The report said the European Commission plans to include civilian aircraft on a list of roughly $100 billion in annual US imports to be targeted https://t.co/P4ozMOGgpj pic.twitter.com/RR07lpCf3T
— Reuters Business (@ReutersBiz) May 7, 2025