The EU is preparing a €100 billion response plan to counter the 30% tariffs from the United States

ChainCatcher news, according to Jinshi citing foreign media reports, if negotiations break down and U.S. President Trump follows through on his threat to impose a 30% tariff on most EU export goods after August 1, the EU plans to swiftly impose a 30% tariff on U.S. products worth about 100 billion euros (approximately 117 billion dollars).

A spokesperson for the European Commission stated on Wednesday that as part of the first wave of countermeasures, the EU will combine the already approved tariff list targeting 21 billion euros of U.S. goods with the previously proposed tariff list targeting an additional 72 billion euros of U.S. products into a single package.

According to informed sources, U.S. export products, including Boeing aircraft, American-made cars, and bourbon whiskey, will face tariffs matching Trump's threatened 30%. These sources indicated that the tariffs are set to take effect next month, provided that negotiations break down and the U.S. implements its tax measures after the August deadline. A government official, who wished to remain anonymous, stated that in the absence of an agreement, Berlin is even willing to support the activation of the EU's "Anti-Coercion Instrument" (ACI). This instrument will only be activated if an agreement cannot be reached.