(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 […]
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EU plans tariffs on 100 billion euros of US goods if talks fail, Bloomberg News reports
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(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.
($1 = 0.8829 euros)
(Reporting by Devika Nair in Bengaluru; Editing by Andrew Heavens)