The countries of the European Union are preparing to present a united front against the tariffs imposed by Donald Trump's administration, likely approving an initial set of targeted countermeasures against American imports.

This has been reported by Reuters.

The 27 EU nations are facing 25% tariffs on steel, aluminum, and automobiles, along with "reciprocal" tariffs of 20% on nearly all other goods. Trump's tariffs cover about 70% of EU exports to the US, valued at 532 billion euros.

The European Commission, which coordinates EU trade policy, plans to present a list of American goods that will face additional tariffs late Monday evening.

These tariffs could apply to products worth up to 28 billion dollars, including American meat, grains, wine, wood, clothing, as well as chewing gum, dental floss, vacuum cleaners, and toilet paper.

If tariffs are implemented in the coming days, the EU will become the third player after China and Canada to respond to the US trade escalation.

One product that has attracted significant attention and caused disagreements within the bloc is bourbon. The Commission proposed a 50% tariff, prompting Trump to threaten a 200% counter-tariff on alcoholic beverages from the EU if the bloc proceeds further.

Wine exporters from France and Italy have expressed concerns. The EU, whose economy heavily relies on free trade, seeks to ensure broad support for any response to continue pressuring Trump to eventually enter negotiations.

It is worth noting:

On April 3 and 4, companies on the American stock market lost about 6.6 trillion dollars.

President Donald Trump's decision to impose a 20% tariff on all European goods exacerbates the pain for the nearly 3 billion dollar French cognac industry.