The EU has threatened nearly $100bn in tariffs on US imports, including bourbon and Boeing aircraft, if no trade deal is finalized by next week. The European Commission aims to merge two lists of US goods for retaliation, focusing on clarity and strength. Diplomats note that tensions with Trump have escalated following the US president's rejection of a previously agreed deal while he proposed new tariffs. Germany's stance has shifted towards supporting the anti-coercion instrument to counter US economic pressure, particularly impacting the car industry.
The EU has threatened to impose nearly 100bn worth of tariffs on US imports, including bourbon whiskey and Boeing aircraft if a trade deal isn't reached.
The European Commission plans to combine two lists of US goods for retaliation, aiming to clarify and strengthen countermeasures against US tariffs.
EU's focus remains on negotiating a deal with the US while preparing for all outcomes, according to trade spokesperson Olof Gill.
Germany, initially advocating for a quick deal, now supports the anti-coercion instrument to retaliate against US economic measures.
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