Overview

• The European Union has proposed countermeasures targeting $107 billion worth of US imports, including aircraft, cars, and agricultural products, if trade talks fail.
• The European Commission has launched a public consultation on the draft tariff list, allowing feedback until June 10 before finalizing the measures.
• The EU will formally request consultations at the WTO, challenging the legality of US 'reciprocal' tariffs and duties on cars and car parts.
• President Trump’s tariffs currently affect 70% of EU exports to the US, with levies ranging from 10% to 25%, and could expand to 97% following further investigations.
• EU leaders, including Ursula von der Leyen, stress that negotiations remain the priority but are preparing for all possible outcomes if no agreement is reached.