EU plans tariffs on 100 billion euros of US goods if talks fail, Bloomberg News reports
A European Union flag flutters outside the EU Commission headquarters, in Brussels, Belgium, February 1, 2023 REUTERS/Yves Herman/File Photo Purchase Licensing Rights , opens new tab
May 6 (Reuters) - The European Union plans to hit about 100 billion euros ($113.26 billion) worth of U.S. goods with additional tariffs if trade talks fail to deliver a satisfactory result for the bloc, Bloomberg News reported on Tuesday.
The proposed retaliatory measures will be shared with member states as early as Wednesday and consultations will last for a month before the list is finalized, the report said, citing people familiar with the matter.
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($1 = 0.8829 euros)
Reporting by Devika Nair in Bengaluru; Editing by Andrew Heavens
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