EU to Hit Boeing, US Cars With Tariffs If Trade Talks Fail (3)

The European Union will propose tariffs on Boeing Co. aircraft and US-made cars if talks with President Donald Trump’s administration fail to de-escalate a brewing trade conflict, according to people familiar with the deliberations.

US industrial goods face the biggest reprisals, while food and agriculture products also will be among the top categories in a new list of duties that the commission will make public on Thursday, the people said on condition of anonymity because the discussions are private. About €100 billion ($114 billion) in American exports would be hit with additional tariffs, Bloomberg reported Tuesday.

A surcharge on ...