EU to Impose 30% Tariffs on $117 Billion of US Goods Amid Trade War Threat

European Union has unveiled plans to impose a steep 30% tariff on about €100 billion ($117 billion) worth of US goods if Washington follows through on threatened levies after August 1.

Sources cited by Bloomberg confirmed that Brussels would merge existing tariffs on €21 billion in US imports with an earlier proposal covering an additional €72 billion into a unified counter-tariff package.

Affected US exports would include key industrial sectors like Boeing aircraft, American-made cars, and bourbon whiskey, each facing equivalent 30% tariffs mirroring Trump’s proposed duties.

These countermeasures would only be enacted if there’s no diplomatic resolution and the US proceeds with its threatened tariffs after the August deadline.

EU member states, led by Germany, have hardened their stance amid escalating trade tensions. A German government official, confirmed Berlin supports triggering the EU’s anti-coercion instrument (ACI) if negotiations collapse.

The bloc has indicated readiness to implement tariffs next month, strategically targeting key US industries to maximize leverage. By aligning its countermeasures with Washington’s timeline, the EU aims to exert maximum diplomatic and economic pressure on US policymakers.