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Investing.com--The European Union has finalized a new list of potential tariffs targeting $84 billion (€72 billion) worth of U.S. goods, escalating the threat of a trade clash with Washington, Bloomberg reported on Monday, citing a document seen by the outlet.
The 206-page list prepared by the European Commission includes aircraft made by Boeing Co (NYSE:BA), automobiles, bourbon, agricultural products, chemicals, and machinery, the report said.
While initially estimated at €95 billion, the scope was narrowed following consultations with EU member states and industry groups, Bloomberg reported.
The list, previously reported by Politico, did not specify the tariff rates for the listed goods.
The EU’s measures are a response to President Donald Trump’s earlier imposition of a 20% reciprocal tariff on most EU goods, with additional 25% duties on cars and car parts.
Trump has since threatened to raise EU tariffs to 30% by August 1, a move described by EU trade chief Maros Sefcovic as “effectively prohibitive.”
EU trade ministers met Monday in Brussels, and Sefcovic is expected to continue negotiations with U.S. Commerce Secretary Howard Lutnick.