The EU is considering imposing tariffs on U.S. aircraft and automobile exports to convince Donald Trump to abandon the current tariffs and propose tariffs on the EU.

If action is taken, they will slam into Boeing, but also include further U.S. exports, including chemicals, electrical equipment, including cameras, health-related products, and certain foods such as sweet potatoes and nuts.

Meanwhile, Brussels negotiated with member states on a potential lawsuit against a 20% mutual tariff announced by the U.S. president last month.

As the EU prepares for the possibility of a long-term transatlantic trade war, Trump appears to have reached a deal with Britain and softened his stance in China.

U.S. Treasury Secretary Scott Bessent and Washington's chief trade negotiator Jamieson Greer will meet with China's Deputy Prime Minister He Lifeng in Switzerland on Saturday, which could be the first step in resolving the trade war between the two countries.

The EU said its new list of potential tariff targets was designed to prepare a scenario where some or all of the U.S. tariffs remain in place after July - Trump's deal deadline.

European Commission President Ursula von der Leyen said she believes “to make money to benefit from the benefits of consumers and businesses on both sides of the Atlantic.” But at the same time, we continue to prepare for all possibilities. ”

The new proposal comes hours before Trump will reach a tariff deal with the UK. After a few days after the European Trade Commissioner Maroššefčovič, he warned that if current trade negotiations fail, the EU will not push towards any unfair trade agreement and is "preparing for any situation".

In addition to the 2.1 billion euro retaliatory tariff list announced last month, they include EU moratoriums, including taxes on Harley-Davidsons, Poultry and Clothing.

Seattle-based aircraft company Boeing will take a big hit, but Ireland is also ready for punitive tariffs on U.S. drug exports and potential taxes on U.S. technology.

Irish budget airline Ryanair will face higher capital costs. It has placed orders for about 330 aircraft. On Thursday, it threatened to cancel orders and said it would consider other suppliers including Chinese aircraft maker COMAC.

AERCAP, the world's largest aircraft rental company, is also located in Dublin.

EU officials confirmed that if new EU tariffs were to be imposed, they would take effect on the date of delivery of the aircraft, thus affecting any advance orders.

EU officials stressed that they have not retaliated for the current tariffs on steel, aluminum and automobiles, but need to prepare for possible potential prospects that certain Trump tariffs will remain for the long term.

They also raised threats including services, which could include responsibilities for U.S. technology and social media companies from Microsoft to Meta. "This is still our choice (including the service). It may be part of the combination," a senior source said.

Brussels began a four-week consultation on Thursday, until June 10, which determined the exact category and potential tariff rates “by early July,” just days before Donald Trump’s 90-day suspension of his general countdown of 20% tariffs expired.

Officials stressed that they wouldn't necessarily envision tariffs in industries like automobiles, which have been hit by 25% of Trump tariffs.

"We can impose higher tariffs on less trade...or we can impose lower tariffs on more trade, so it can be said that there are multiple ways to dig a certain amount of water from a lake: You can take the same amount of water from a deep lake from a shallow lake."

Previously, the EU had said it would pursue "smart tariffs" designed to hit where they were injured - in countries where Republicans voted and products synonymous with the United States, such as bourbon.

The aircraft and automobile industry is one of the most valuable export categories on the new list, with approximately 10.5 billion euros of U.S. aircraft sold to EU airlines and aircraft leasing companies in 2024. The export of U.S. automobile and auto parts to the EU was worth 12.5 billion euros in the same year, while the export of machinery was about 1.2 billion euros.

Thursday's list also includes electrical screens, cameras and jukeboxes, worth 7.2 billion euros and 6.4 billion euros per year.