
The European Union has unveiled plans to target $79.2 billion (€72 billion) worth of U.S. goods in a new round of trade countermeasures. This is happening because the EU and the U.S. are having trade disagreements. Most of the targeted items are factory-made goods like machinery and equipment. This move will make American products more expensive for people in Europe to buy, which is the EU’s way of fighting back in the ongoing trade dispute.
According to Politico, the European Commission’s proposed list, which spans 200 pages, includes a wide range of American products. Of the total amount, $72.3 billion (€65.7 billion) targets industrial goods, while $7 billion (€6.4 billion) focuses on agricultural products, adding to concerns about how tariffs will make everyday items more expensive, including fruits that will be 25% more expensive due to Trump’s tariff plan. Despite strong opposition from France and Ireland to protect the drinks sector, bourbon whiskey remains on the list.