Summary
Brussels plans to propose tariffs on Boeing aircraft as part of potential retaliation against the US if trade talks fail, targeting about €100bn of annual US imports, including civilian aircraft. These measures hinge on the EU making progress in reducing US tariffs and require approval from a majority of member states. US President Trump recently reduced additional tariffs on EU exports from 20% to 10% for 90 days to facilitate negotiations, while existing tariffs on EU steel, aluminium, and cars remain in effect.
