The European Union plans to hit US imports, including Boeing (BA) planes, with retaliatory tariffs if President Trump sticks with a 10% baseline levy on EU goods, as many expect. Brussels says it’s ready to respond if trade talks fail to deliver a fair deal.
EU industry chief Stephane Sejourne said the bloc will need to “rebalance” in key sectors if the US insists on keeping tariffs. The EU is racing to reach a deal before July 9, when duties on nearly all its exports to the US could jump to 50%.
“We will need to retaliate and rebalance in some key sectors if the US insists on an asymmetrical deal,” the EU’s industry chief, Stephane Sejourne, told Bloomberg News, including if the “outcome of the negotiations is that a 10% tariff remains.”
Talks have gained urgency, but EU officials say Washington’s demands, which include quotas on fish and one-sided tariff rules, risk…
