The European Union has prepared a new list of retaliatory tariffs worth €72 billion ($84 billion) on U.S. goods, including Boeing (NYSE:BA) aircraft, automobiles, bourbon, and a wide range of industrial and agricultural products, Bloomberg reported.
The move comes in response to President Donald Trump’s tariff threats, including a planned hike to 30% on EU goods starting August 1. EU trade chief Maros Sefcovic called the proposed rate “effectively prohibitive” and said it risks derailing transatlantic trade.
The 206-page list, prepared by the European Commission and seen by Bloomberg, was narrowed from an initial €95 billion after consultations with companies and member states and excludes military imports.
It covers more than €65 billion of industrial goods, including nearly €11 billion in aircraft, over €9.4 billion in machinery, and €8 billion in autos, as well as €6 billion in agrifood products.
The broad package also includes precision equipment and instruments, toys and hobby equipment, sports guns, or musical instruments.
Key automakers: General Motors (NYSE:GM), Ford (NYSE:F), Stellantis (STLA), Tesla (TSLA), Rivian (RIVN), Volkswagen (OTCPK:VWAGY), Toyota (TM), and Honda (HMC).
A broad list of alcohol-related stocks includes Brown-Forman (BF.A) (BF.B), Heineken N.V. (OTCQX:HEINY), Anheuser-Busch InBev (BUD), Molson Coors (TAP), Boston Beer (SAM), Diageo (DEO), MGP Ingredients (MGPI), Ambev S.A. (ABEV), SNDL (SNDL), Vintage Wine Estates (OTC:VWESQ), Fresh Vine Wine (VINE), Compañía Cervecerías Unidas (CCU), LQR House (YHC), Alto Ingredients (ALTO), Truett-Hurst (OTC:THST), Duckhorn Portfolio, Carlsberg A/S (OTCPK:CABGY), Campari Group’s (OTCPK:DVDCF) (OTCPK:DVCMY), Pernod Ricard (PDRRDF), Carlsberg A/S (OTCPK:CABGY), Asahi Group Holdings (OTCPK:ASBRF), and Constellation Brands (STZ).
ETFs to track the European market: (NYSEARCA:EWG), (NYSE:GF), (NYSEARCA:EWI), (NYSEARCA:EWQ), (NASDAQ:FGM), (NASDAQ:DAX), (FLGR), (FXB), (EWU), (FKU), (EWUS), (FLGB), (GREK)
Here is a list of ETFs to track the broader U.S. market: (NYSEARCA:SPY), (NYSEARCA:VOO), (NYSEARCA:IVV), (NYSEARCA:RSP), (NYSEARCA:SSO), (NYSEARCA:UPRO), (NYSEARCA:SH), (NYSEARCA:SDS), and (NYSEARCA:SPXU).
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