EU targets US aircraft and car exports in new list of potential tariffs
Source: The Guardian
EU targets US aircraft and car exports in new list of potential tariffs
Move would hit Boeing, as Brussels also starts consultation on possible litigation over Trump’s blanket 20% tariffs
Lisa O'Carroll
Thu 8 May 2025 15.46 BST
First published on Thu 8 May 2025 14.17 BST
The EU is considering imposing tariffs on US aircraft and car exports in a fresh attempt to persuade Donald Trump to drop his current and proposed tariffs against the EU.
If acted on they will hit Boeing hard but also include further categories of US exports including chemicals, electrical equipment including cameras, health-related products and some foods such as sweet potato and nuts.
At the same time Brussels has launched a consultation with member states on potential litigation against the US over the blanket 20% reciprocal tariffs the US president announced last month.
As the EU prepared for the possibility of a prolonged transatlantic trade war, Trump reached an agreement with the UK and appeared to softened his position on China.
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Read more: https://www.theguardian.com/business/2025/may/08/eu-targets-us-aircraft-and-car-exports-in-new-list-of-potential-tariffs