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EU plans tariffs on 100 billion euros of US goods if talks fail, Bloomberg News reports

Published by Global Banking & Finance Review

Posted on May 6, 2025

1 min read

· Last updated: January 24, 2026

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EU plans tariffs on 100 billion euros of US goods if talks fail, Bloomberg News reports
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EU Eyes $113 Billion Tariffs on US Goods if Talks Collapse

(Reuters) -The European Union plans to hit about 100 billion euros ($113.26 billion) worth of U.S. goods with additional tariffs if trade talks fail to deliver a satisfactory result for the bloc, Bloomberg News reported on Tuesday.

The proposed retaliatory measures will be shared with member states as early as Wednesday and consultations will last for a month before the list is finalized, the report said, citing people familiar with the matter.

($1 = 0.8829 euros)

(Reporting by Devika Nair in Bengaluru; Editing by Andrew Heavens)

Key Takeaways

  • EU plans tariffs on $113 billion of US goods.
  • Retaliatory measures depend on trade talks outcome.
  • Consultations with member states to last a month.
  • Bloomberg cites sources familiar with the matter.
  • Exchange rate: $1 equals 0.8829 euros.

Frequently Asked Questions

What is the main topic?
The article discusses the EU's plan to impose tariffs on $113 billion of US goods if trade talks do not yield a satisfactory result.
What are the proposed measures?
The EU plans to share retaliatory measures with member states, with consultations lasting a month before finalizing the list.
Who reported this news?
The news was reported by Bloomberg, citing sources familiar with the matter.

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