Part 7/11:
In response, the EU has ramped up preparations for escalation, with plans to impose tariffs on about $24 billion worth of US goods. These measures are targeted and politically motivated, focusing on sectors and states with significant US political figures. For instance, tariffs on soybeans from Louisiana—home to House Speaker Mike Johnson—are seen as strategic political moves.
Moreover, the EU has a contingency plan for additional retaliation, potentially hitting $95 billion worth of US exports, including Boeing aircraft, automobiles, and bourbon. While the EU’s economic decline complicates such measures—imposing tariffs would burden European consumers further—it signals the depth of concern within European political circles.