Compass Investments

-Tuesday, May 06, 2025 – The European Union intends to impose additional duties on imported U.S. goods worth $113 billion if the current trade talks fail to yield a positive result, Bloomberg reports.

Citing informed sources, Bloomberg reports that the proposed retaliatory measures will be presented to member states on Wednesday, and consultations will last a month before the list is finally approved.

Moreover, the European Commission, the bloc’s trade watchdog, is expected to present a document to the U.S. this week to try to restart negotiations, Bloomberg previously reported.

Bloomberg reported that the EU’s proposals are likely to include lowering trade and non-tariff barriers and increasing investment in the U.S..

egotiations between the EU and the U.S., which began last month, are progressing slowly, and the market assumes that most of the U.S. tariffs will remain in place.

In May, the EU agreed to delay the measures for 90 days after the U.S. lowered its retaliatory tariffs on most EU exports to 10 percent from 20 percent during negotiations.

On Tuesday, the EU said Trump’s ongoing trade investigations would increase the amount of the bloc’s goods subject to duties to $622 billion.

The new list of EU countermeasures will add $24 billion worth of U.S. goods already subject to EU duties in response to Trump’s 25% duties on steel and aluminum exports.