The European Union is preparing to ramp up its retaliation plans against the United States as prospects for a tariff deal between the two economies appear to be diminishing. The EU has been engaged in a long-standing trade dispute with the US, with both sides imposing tariffs on each other’s goods. The EU has been seeking to negotiate a deal to remove the tariffs, but so far, no agreement has been reached. As a result, the EU is now preparing to take a more aggressive stance in the trade dispute. The EU’s trade commissioner, Valdis Dombrovskis, has stated that the EU will not hesitate to take retaliatory measures if the US does not remove its tariffs. The EU has already imposed tariffs on a range of US goods, including whiskey, motorcycles, and orange juice, in response to the US tariffs on EU steel and aluminum. The US tariffs were imposed by the Trump administration in 2018, citing national security concerns. The EU has disputed this claim, arguing that the tariffs are unfair and breach World Trade Organization rules. The trade dispute has had significant implications for businesses on both sides of the Atlantic, with many companies facing increased costs and uncertainty. The EU is now seeking to expand its list of US goods subject to tariffs, with a range of new products being considered. This could include goods such as agricultural products, chemicals, and pharmaceuticals. The EU is also considering imposing quotas on US goods, which would limit the quantity of goods that can be imported. The trade dispute has also had significant implications for the global economy, with many countries watching the situation closely. The EU and US are two of the world’s largest economies, and a trade war between them could have far-reaching consequences. The EU is seeking to negotiate a deal that would remove the tariffs and establish a more stable trade relationship with the US. However, with the US presidential election approaching, it is unclear whether a deal can be reached in the near future. The EU is therefore preparing to take a more aggressive stance in the trade dispute, with retaliatory measures likely to be imposed in the coming months. The trade dispute has also highlighted the need for the EU to diversify its trade relationships and reduce its dependence on the US market. The EU is seeking to negotiate new trade agreements with other countries, including China and India, in an effort to reduce its reliance on the US. Overall, the trade dispute between the EU and US is complex and multifaceted, with significant implications for businesses, consumers, and the global economy.