TechFlow, July 23 — According to Jinshi Data citing foreign media reports, if negotiations collapse and U.S. President Trump follows through on his threat to impose 30% tariffs on most EU exports after August 1, the European Union plans to swiftly retaliate with 30% tariffs on about €100 billion (approximately $117 billion) worth of American products.
An EU Commission spokesperson said Wednesday that, as part of its first wave of countermeasures, the EU will combine its already-approved list targeting €21 billion in U.S. goods with a previously proposed list covering another €72 billion in U.S. products into a single package.
According to sources familiar with the matter, U.S. exports—including Boeing aircraft, American-made automobiles, and bourbon whiskey—would face retaliatory tariffs matching Trump’s threatened 30%. The sources said the tariffs would be ready to take effect next month, provided talks fail and the U.S. implements its measures after the August deadline. A government official who declined to be named said Berlin would even be willing to support activating the EU’s “anti-coercion instrument” (ACI) in the event of no agreement. This tool is designed to be used only when negotiations break down.
