EU Plans $107 Billion Tariffs on US Cars, Aircraft amid Trade Talks

The European Union has unveiled a comprehensive list of U.S. imports valued at approximately $107 billion that it may target with retaliatory tariffs if trade negotiations with the United States fail to resolve ongoing disputes stemming from tariffs introduced under the Trump administration. Key sectors on the list include aerospace, with $11.9 billion in aircraft imports prominently featuring Boeing, as well as automobiles and vehicle parts. The EU, led by Commission President Ursula von der Leyen, remains committed to reaching a negotiated agreement to avoid a full-scale trade war, evidenced by ongoing consultations and diplomatic efforts alongside preparations for legal action at the World Trade Organization. Despite a 90-day pause on some U.S. tariffs, the EU is preparing for all outcomes, balancing economic leverage against the risk of escalating trade tensions. The potential tariffs cover a broad range of goods from industrial to agricultural products, and the EU is also considering restrictions on steel scrap and chemical exports to the U.S. This strategic move aims to pressure the U.S. to reconsider its tariff policies, while maintaining the possibility of a cooperative trade deal benefiting both sides.