Overview

• The revised list of measures has been reduced from an initial €95 billion proposal and now requires formal approval from all member states
• Industrial exports valued at €65.7 billion and €6.4 billion in agricultural products, such as aircraft, cars, machinery and bourbon whiskey, are earmarked for tariffs
• Aircraft and aircraft parts top the schedule at nearly €11 billion, posing a significant challenge to Boeing’s U.S. sales
• The first tranche of €21 billion in countermeasures remains suspended until August 6 to allow ongoing negotiations with Washington
• President Trump’s threat of a 30 percent tariff on EU exports from August 1 has raised the stakes of the transatlantic trade dispute