The European Union unveiled a €72 billion ($84.13 billion) countermeasures list targeting U.S. exports, including aircraft, automotive products, and bourbon whiskey, following President Donald Trump‘s threat to impose 30% blanket tariffs on EU goods starting August 1.
What Happened: The European Commission’s 200-page proposal, seen by Politico on Monday, marks the bloc’s second round of trade countermeasures against escalating U.S. tariff threats. Aircraft and aircraft parts represent the largest category at nearly €11 billion ($12.85 billion), potentially delivering a significant impact to Boeing Co. (NYSE:BA).
