EU Proposes Potential Tariffs on €95 Billion of U.S. Imports

The European Union proposed potential counter-tariffs on €95 billion (us$106.9 billion) of United States imports on Thursday, including passenger cars, aircraft, medical devices, chemicals and agricultural products.

EU trade officials compiled a 200-page list of 4,800 U.S. goods to impose tariffs on in case negotiations with the U.S. fail to remove the tariffs imposed last month by President Donald Trump.

• The EU faces 25 percent U.S. import tariffs on its steel, aluminum and cars, as well as 10 percent “reciprocal” tariffs for almost all other goods
• Germany, the biggest car exporter in the U.S. by value, will be hit hardest by the new imports.

The EU remains fully committed to finding negotiated outcomes with the United States. At the same time, we continue preparing for all possibilities.
—Ursula von der Leyen, European Commission president

The European Commission said U.S. tariffs now cover 70 percent of total EU goods exported to the U.S., worth €380 billion.

Turn to China? In response to Trump’s tariffs, the European Commission has repeatedly called for stronger trade ties with China. In February, von der Leyen called for the two nations to “find agreements” and deepen trade ties.

China last month urged Europe to unite against U.S. tariffs.

Anti-American alliance: Bible prophecy says Europe will be a key pillar in a massive economic alliance against America. To learn about these prophecies, read “Preparing to Storm America’s Castle.”