BRUSSELS, July 16 (Reuters) - EU trade chief Maros
Sefcovic will head to Washington D.C. on Wednesday for tariffs
talks, an EU spokesperson told Reuters, adding that he will meet
U.S. Commerce Secretary Howard Lutnick and U.S. Trade
Representative Jamieson Greer.
U.S. President Donald Trump has threatened a 30% tariff on
imports from the EU from August 1, a level Europe says is
unacceptable and would end normal trade between two of the
world's largest markets.
The European Commission, which oversees trade for the EU,
has prepared to target 72 billion euros ($83.63 billion) worth
of U.S. goods - from Boeing ( BA ) aircraft and bourbon whiskey
to cars - for possible tariffs if trade talks with Washington
fail.
The list, sent to EU member states and seen by Reuters on
Tuesday, pre-dated Trump's move over the weekend to ramp up
pressure on the 27-nation bloc and responded instead to U.S.
duties on cars and car parts and a 10% baseline tariff.
The package also covers chemicals, medical devices,
electrical and precision equipment as well as agriculture and
food products - a range of fruits and vegetables, along with
wine, beer and spirits - valued at 6.35 billion euros.
Trump's roll-out of his tariff policies has often been
chaotic. His moves have upended decades of negotiated reductions
in global trade barriers, unsettling international financial
markets and threatening a new wave of inflation.
The August 1 deadline gives targeted countries time to
negotiate about lower tariff rates. Some economists have also
noted Trump's pattern of backing off his tariff threats.
($1 = 0.8610 euros)