The EU is ready to impose counter-tariffs on 72 billion euros worth of US goods

ChainCatcher news, according to Jinshi reports, the European Commissioner for Trade and Economic Security, Valdis Dombrovskis, stated that if the US-EU trade negotiations fail, the EU is prepared to impose additional counter-tariffs on US imports worth 72 billion euros (approximately 84 billion dollars).

As the EU and the US strive to reach a trade agreement, US President Trump announced that starting from August 1, a 30% tariff will be imposed on EU imports. EU member state ministers will meet in Brussels on the 14th to discuss how to respond to Trump's latest statement and prepare countermeasures.