The European Union is applying a retaliatory measure worth 72 billion euros targeting US goods amid rising global trade tensions.
The EU targets over 84 billion USD worth of US goods including cars, Boeing aircraft, bourbon, and many other items, while preparing to respond to President Donald Trump's deadline in early August 2025.
MAIN CONTENT
The EU announced a list of retaliatory measures affecting over 84 billion USD worth of US goods, focusing on cars, machinery, and agricultural products.
President Trump threatens to raise tariffs to 30% if a trade agreement is not reached before August 1, 2025.
The EU and its partners still hope to continue negotiations to minimize damage to transatlantic trade relations.
What retaliatory measures has the EU taken in response to US tariffs?
The EU has announced retaliatory measures targeting about 84 billion USD worth of US goods after the US increased tariffs by 20% on many EU products. This move is evaluated based on a detailed 206-page report from the European Commission in July 2025.
The list focuses on items such as cars, medical equipment, machinery, plastics, chemicals, and wines, but does not clearly disclose the applicable tariff rates. Previously, the EU proposed measures worth 95 billion euros but scaled back after internal consultations with 27 member countries and businesses.
Important related statements
"We cannot accept the US's tariff threats, and the EU will implement countermeasures if no agreement is reached before August 1."
Lars Lokke Rasmussen, Danish Minister of Foreign Affairs, July 2025
What are the deadlines and pressures from President Donald Trump?
President Donald Trump announced he would impose a 30% tariff on goods from Mexico and the EU starting August 1, 2025, if no trade agreement is signed. This is an escalation following the 20% and 25% tariffs imposed on cars and parts announced by the US in April 2025.
Mr. Trump also expressed a willingness to continue negotiating with partners, including the EU, to seek a more balanced trade solution.
"They want another deal. We are always ready to negotiate, including with Europe. In fact, they will come to meet us and want to talk."
Donald Trump, President of the United States, July 2025
What has the EU prepared for a trade agreement or continued confrontation?
European Commission Vice President Maros Sefcovic warns of significant risks to transatlantic trade if tariff tensions escalate. He asserts that the EU is committed to continuing negotiations to protect common interests.
The EU plans to impose tariffs on over 65 billion euros of industrial goods, including aircraft (11 billion euros), machinery (9.4 billion euros), cars (8 billion euros), as well as agricultural products like fruits and wines. Additionally, the EU announced smaller tariffs on toys, musical instruments, and sporting guns.
More information from the EU
"EU-US trade is unprecedented and must be adjusted based on mutual respect rather than threats. We are ready to protect our interests."
Maros Sefcovic, Vice President of the European Commission, May 2025
What is the situation of other countries and the common trade expectations between the EU and the US?
Countries like Mexico and South Korea are also affected by the US tariff tensions and have expressed hopes for a fair and sustainable trade agreement to mitigate risks to their economies.
The Mexican government asserts that tax measures will not apply to goods complying with the USMCA agreement. South Korea is also considering expanding market access for agricultural products with the US to maintain important trade relations.
Real-life examples
Type of goods EU tariff value (billion euros) Initial US tariff Rate Aircraft 11 25% (cars and parts) Machinery 9.4 20% most EU goods Cars 8 25% Agricultural products (fruits, wine) 3.2 20%
Frequently Asked Questions
How does the EU's retaliatory tariffs affect US businesses?
The EU's tax measures of up to 84 billion USD could raise the prices of US goods in the European market, making it difficult for exports and negatively impacting businesses in the automotive, aviation, and agricultural sectors.
When did President Trump set the deadline for the trade agreement?
Mr. Trump set the deadline for August 1, 2025, and if no agreement is reached, the tariff on EU goods will increase to 30%.
What does the EU plan if the US does not compromise?
The EU has prepared a list of retaliatory tariffs worth 72 billion euros and will implement it if there are no effective negotiations before August 1, 2025.
How are countries like Mexico and South Korea influenced by the US-EU tariff tensions?
Both Mexico and South Korea are affected and are trying to reach a safe trade agreement to avoid high tariffs and protect their economies from losses.
Is there still a chance for trade negotiations between the EU and the US?
The EU and the US both show the will to continue negotiations to find common ground and reduce tensions with the goal of stabilizing transatlantic trade relations.
Source: https://tintucbitcoin.com/eu-tra-dua-hang-hoa-my-72-ty-euro/
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