Europe Threatens Additional Retaliatory Tariffs Against the United States

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The European Union (EU) has proposed additional retaliatory tariffs on €100 billion of imports from the United States, if negotiations are unsuccessful.  The list includes aircraft, vehicles, agricultural products, medical devices, chemicals, plastics, and many other products.  The list also includes bourbon and spirits, which were not included in the EU’s initial retaliation.  The EU is also considering export restrictions on scrap steel and aluminum and certain chemical products.  Interested parties have until June 10, 2025 to comment on the proposed lists.  A copy of the EU notice of consultations can be found here.   The list of products being considered for additional tariffs can be found here.   The list of products being considered for export restrictions can be found here.

 

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