The European Union has published a list of more than 400 American-made products that could soon face retaliatory tariffs if negotiations with the United States don’t yield a trade deal.
The list, released on Monday, targets consumer and lifestyle goods such as U.S.-made toilet paper, eye makeup, cigars and tobacco, as well as men’s and women’s clothing. Most of these items would be subject to an added 25% customs duty if the EU goes ahead with the measures.
The tariffs were originally scheduled to take effect immediately, following a sharp increase in U.S. tariffs on steel and aluminum imports. However, the EU’s 27 member states have agreed to delay enforcement for 90 days—until July 14—after Washington postponed full implementation of its own reciprocal tariffs.
According to the EU’s analysis of official U.S. data from 2023, the top five American exports to the EU include oil and gas, pharmaceuticals and medicines, aerospace parts, medical equipment and supplies, and motor vehicles.
The U.S. has already levied 25% tariffs on steel and aluminum from the EU, along with similar duties on automobiles. A proposed 20% across-the-board tariff on all remaining goods from the bloc has been reduced to 10% for the duration of the 90-day negotiation period.
Meanwhile, markets across Europe showed mixed reactions. The region’s benchmark STOXX 600 index opened 0.6% higher after former President Donald Trump said he was considering a temporary tariff exemption for automakers. Germany’s DAX climbed 0.8%, and the UK’s FTSE 100 gained 0.6%. However, France’s CAC index slipped slightly by 0.1%.