Core Points - The European Union plans to impose retaliatory tariffs on approximately €100 billion (about $117 billion) worth of U.S. products in response to President Trump's threat of a 30% tariff on EU exports starting August 1 [1] - The EU will combine previously approved tariffs on €21 billion worth of U.S. goods with an additional proposed €72 billion tariff list into a single package [1] - The EU's strategy includes continuing negotiations while preparing for retaliatory measures, with a focus on maintaining a strong position against the U.S. [3][4] Group 1 - The U.S. products affected by the tariffs include Boeing aircraft, American-made cars, and bourbon whiskey, with the tariffs set to match Trump's 30% threat [2] - The euro has continued to decline against the dollar, dropping 0.3% to €1 = $1.1723 following the news [3] - Germany is willing to support the activation of the EU's "Anti-Coercion Instrument" (ACI) if no agreement is reached, indicating a strong stance among EU member states [3] Group 2 - The ACI is one of the EU's most powerful trade tools, designed for deterrence and requiring a qualified majority of member states to activate [3] - The European Commission is in discussions with member states regarding the ACI, with some advocating for immediate activation while others prefer to wait and observe developments after August 1 [4] - Ongoing negotiations between EU and U.S. representatives are scheduled to continue, with the EU aiming to break the deadlock before the deadline [4]
欧盟“备战”特朗普关税威胁:若无法达成协议 将对1000亿欧元美国商品征收30%关税