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    1. Home
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    3. >EU plans tariffs on 100 billion euros of US goods if talks fail, Bloomberg News reports
    Headlines

    EU Plans Tariffs on 100 Billion Euros of US Goods if Talks Fail, Bloomberg News Reports

    Published by Global Banking & Finance Review®

    Posted on May 6, 2025

    1 min read

    Last updated: January 24, 2026

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    Quick Summary

    The EU may impose tariffs on $113 billion of US goods if trade talks fail, with consultations to finalize the list in a month.

    EU Eyes $113 Billion Tariffs on US Goods if Talks Collapse

    (Reuters) -The European Union plans to hit about 100 billion euros ($113.26 billion) worth of U.S. goods with additional tariffs if trade talks fail to deliver a satisfactory result for the bloc, Bloomberg News reported on Tuesday.

    The proposed retaliatory measures will be shared with member states as early as Wednesday and consultations will last for a month before the list is finalized, the report said, citing people familiar with the matter.

    ($1 = 0.8829 euros)

    (Reporting by Devika Nair in Bengaluru; Editing by Andrew Heavens)

    Key Takeaways

    • •EU plans tariffs on $113 billion of US goods.
    • •Retaliatory measures depend on trade talks outcome.
    • •Consultations with member states to last a month.
    • •Bloomberg cites sources familiar with the matter.
    • •Exchange rate: $1 equals 0.8829 euros.

    Frequently Asked Questions about EU plans tariffs on 100 billion euros of US goods if talks fail, Bloomberg News reports

    1What is the main topic?

    The article discusses the EU's plan to impose tariffs on $113 billion of US goods if trade talks do not yield a satisfactory result.

    2What are the proposed measures?

    The EU plans to share retaliatory measures with member states, with consultations lasting a month before finalizing the list.

    3Who reported this news?

    The news was reported by Bloomberg, citing sources familiar with the matter.

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