EU sets out possible €95bn response to US tariffs

The European Commission's measures would target US wine, fish, aircraft, cars and car parts, chemicals, electrical equipment, health products and machinery

The announcement of a new list of products the EU may target comes on the day Donald Trump is expected to announce a trade deal between the United States and Britain. Photo: AP/Mark Schiefelbein

The European Commission has proposed countermeasures on up to €95bn of US imports if negotiations with Washington fail to remove the series of tariffs applied by US president Donald Trump.

The new measures, representing the EU's response to US import tariffs on cars and its broader 'reciprocal' tariffs, would target US wine, fish, aircraft, cars and car parts, chemicals, electrical equipment, health products and machinery. The EU has not included pharmaceutical products or semiconductors on its list.