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BumRushDaShow

(156,458 posts)
Tue Jul 15, 2025, 04:08 AM 22 hrs ago

EU to hit US aircraft, cars and food in latest retaliatory strike

Source: Politico (EU)

July 14, 2025 10:47 pm CET


BRUSSELS — The European Union is looking at targeting €72 billion in U.S. goods in a second round of trade countermeasures, including aircraft, cars and car parts, according to a list seen by POLITICO on Monday.

The bulk of those exports targeted are industrial goods, totaling €65.7 billion, while €6.4 billion in agricultural products would also be hit if EU countries back the new retaliatory tariffs. The list includes bourbon whiskey, despite intense lobbying from France and Ireland to shield the drinks sector from U.S. President Donald Trump’s reprisals.

The biggest line item in the 200-page list is aircraft and aircraft parts, with tariffs set to target almost €11 billion of U.S. exports — potentially dealing a heavy blow to plane maker Boeing. Then comes machinery, followed by cars and car parts; chemicals and plastics; medical devices and equipment; electrical equipment; and industrial goods — all of which fall into multibillion-euro categories. The total figure is down from an earlier proposal to impose retaliatory tariffs on €95 billion of U.S. goods.

The European Commission presented the new hit list on Monday after Trump dramatically raised the trade stakes last weekend by threatening to impose a 30 percent blanket tariff on EU exports from Aug. 1 if no trade deal is reached. The Commission also explains to EU countries that its rationale for targeting U.S. products is based on several criteria, according to the document.

Read more: https://www.politico.eu/article/eu-to-hit-us-aircraft-cars-and-food-in-latest-retaliatory-strike/

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EU to hit US aircraft, cars and food in latest retaliatory strike (Original Post) BumRushDaShow 22 hrs ago OP
That's it, I'm not buying any more 777 parts. BWdem4life 19 hrs ago #1
Tariffs AKA tax increases on the average person in your own country at these levels lead to economic disaster. cstanleytech 18 hrs ago #2

BWdem4life

(2,544 posts)
1. That's it, I'm not buying any more 777 parts.
Tue Jul 15, 2025, 06:52 AM
19 hrs ago

I know, I know. It'll all trickle down... the only trickle down economics that actually works. More like, shit rolling downhill economics.

cstanleytech

(27,758 posts)
2. Tariffs AKA tax increases on the average person in your own country at these levels lead to economic disaster.
Tue Jul 15, 2025, 08:05 AM
18 hrs ago
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