Group 1: EU Tariffs on US Goods - The European Union is preparing to impose tariffs on approximately $114 billion worth of American goods, including Boeing aircraft and American-made cars, in response to the Trump administration's tariffs on European imports [1][7] - The list of targeted products, which includes aerospace imports, is expected to be circulated among EU member states for a month-long consultation process [2] - The EU views the proposed surcharge on Boeing planes as a retaliatory measure against US tariffs on Airbus, aiming to create a more equitable competitive environment between the two aerospace manufacturers [3][4] Group 2: Trade Negotiations and Implications - Ongoing negotiations between the European Commission and the Trump administration have yielded little progress, with the EU preparing for the possibility of implementing tariffs if no agreement is reached [8][11] - In 2023, US aerospace exports to the EU amounted to $35.3 billion, with major European customers including Air France-KLM and Deutsche Lufthansa AG [11] - Ryanair, Boeing's largest customer in Europe, has indicated it may cancel its $33 billion order if tariffs make Boeing jets prohibitively expensive [12] Group 3: Historical Context and Future Actions - The longstanding exemption of commercial aircraft and parts from duties, established under a 1979 WTO agreement, has been disrupted by the trade tensions initiated during the Trump administration [14] - The European Commission is expected to present a formal proposal to the US to restart negotiations, which may include offers to reduce tariff and non-tariff barriers and promote EU investment in the US economy [15]