EU Trade Commissioner Maroš Šefčovič presented EU trade ministers gathered in Brussels for an extraordinary meeting on Monday a list of €72 billion worth of US products to be included in a retaliatory tariff drive, as Washington's pressure ramped up over the weekend with the threat of 30% tariffs on EU imports starting on 1 August.
“We must be prepared for all outcomes, including if necessary, well-considered proportionate measures to restore balance in our transatlantic relationship,” Šefčovič said, adding: “Today the Commission is sharing with the member states the proposal for the second list of goods, accounting of some €72 billion worth of US Imports. They will now have a chance to discuss it.”
