Archive · 24 Jul 2025
EU Approves Counter-Tariffs if US Trade Talks Fail
The European Union is ready to put tariffs on US goods if they can't agree on a trade deal.
The EU is reacting to potential US tariffs that would make European goods more expensive.
If the EU and the US don't agree on trade by August, tariffs could go into effect.
The EU is prepared to place tariffs on a wide variety of US products like planes, cars, and whisky.
The EU hopes that by being ready to retaliate, the US will agree to a fair trade deal.
EU approved 93-billion-euro counter-tariffs on US goods if talks fail.
The tariffs would start August 7 if a trade deal isn't reached.
The US threatened a 30% levy on EU goods without a trade agreement.
EU and US are reportedly discussing a deal, potentially with carve-outs.
Counter-tariffs include goods like soybeans, planes, cars, and whisky.
- Who
- European Union and United States.
- What
- EU approved counter-tariffs on US goods if trade talks fail.
- When
- The tariffs would begin August 7 if no trade deal is reached.
- Where
- European Union.
- Why
- To counter potential US tariffs and pressure the US to reach a trade agreement.
EU's Perspective
US Perspective
Trade Negotiations
EU's Perspective
EU aims to protect its economic interests.
US Perspective
The US wants to pressure the EU into a more favorable trade agreement.
- Tariff Amount
- 93 billion euros ($109 billion)
- Effective Date (If No Deal)
- August 7
- US Threat
- 30% levy on EU goods
- Goods Affected
- Soybeans, planes, cars, whisky, and more
- Participating EU Countries
- 26 (excluding Hungary)