EU eyes US$113bil tariffs on US goods if talks fail


The proposed retaliatory measures will be shared with member states as early as this week. — Reuters

PARIS: The European Union (EU) plans to hit about €100bil (US$113bil) in US goods with additional tariffs in the event ongoing trade talks fail to yield a satisfactory result for the bloc, according to sources.

The proposed retaliatory measures will be shared with member states as early as this week, and consultations will last for a month before the list is finalised, said the sources. The list could change in that time.

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