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 readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on May 6, 2025
1 min readLast updated: January 24, 2026
The EU may impose tariffs on $113 billion of US goods if trade talks fail, with consultations to finalize the list in a month.
(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)
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.
The EU plans to share retaliatory measures with member states, with consultations lasting a month before finalizing the list.
The news was reported by Bloomberg, citing sources familiar with the matter.
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