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EU Threatens $100 Billion Tariffs Amid Trade Dispute

5/9/2025

24 5

Summary

Story summary

The EU plans tariffs on over $100 billion of U.S. goods if trade talks fail, targeting cars and meat.
A trade dispute will be filed against the U.S. at the World Trade Organization.
President Trump believes other countries rely more on the U.S. market than vice versa.
Negotiations continue, with public consultation on the tariff list open until June 10.
In 2024, the U.S. faces a $235 billion trade deficit with the EU.

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Story summary

The EU plans tariffs on over $100 billion of U.S. goods if trade talks fail, targeting cars and meat.
A trade dispute will be filed against the U.S. at the World Trade Organization.
President Trump believes other countries rely more on the U.S. market than vice versa.
Negotiations continue, with public consultation on the tariff list open until June 10.
In 2024, the U.S. faces a $235 billion trade deficit with the EU.