00:00Aircraft, machinery, cars, chemicals and medical devices.
00:04Those are the leading big-ticket items on the latest list of U.S. goods the European Commission has proposed to impose tariffs on
00:12if talks with Washington do not yield an agreement on trade.
00:15The package is the second put forward by the European Commission, which oversees trade policy for the 27-nation European Union.
00:23The package is designed to respond to U.S. tariffs on cars and car parts and a baseline tariff currently at 10%.
00:32U.S. President Donald Trump, however, is now threatening a baseline tariff on imports from the EU of 30% from August 1st,
00:41a level European officials say is unacceptable and would end normal trade between two of the world's largest markets.
00:47The list, sent to EU member states and seen by Reuters on Tuesday, covers U.S. goods imports worth 72 billion euros.
00:56It also includes electrical and precision equipment, as well as agriculture and food products,
01:01a range of fruits and vegetables, along with wine, beer and spirits, worth a total of 6.3 billion euros.
01:08A first package on 21 billion euros of U.S. goods was approved in April,
01:13but then immediately suspended to allow room for negotiations.
01:16That suspension has been extended to August 6.
01:20EU officials said on Monday that they were still seeking to strike a deal to avoid Trump's heavy tariff blow,
01:26but EU Trade Chief Mara Sefkovic said member states had agreed the bloc would need to take countermeasures
01:32if talks with the U.S. fail.
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