European Union considers 25% tariffs on US steel, jeans imports

The list of targeted US goods, including motorcycles, jeans and bourbon whiskey sends a message to Washington about the potential domestic economic costs of making good on the president's threats

The European Union (EU) is preparing punitive tariffs on iconic US brands produced in key Republican constituencies, raising political pressure on President Donald Trump to ditch his plans for taxing steel and aluminium imports.

Targetting 2.8 billion euros ($3.5 billion) of American goods, the EU aims to apply a 25 per cent tit-for-tat levy on a range of consumer, agricultural and steel products imported from the US if Trump follows through on his tariff threat, according to a list drawn up by the European Commission and obtained by Bloomberg News. The list of targeted US goods — including motorcycles, jeans