The European Commission on Thursday proposed countermeasures on up to 95 billion euros ($107.2 billion) of U.S. imports if negotiations with Washington fail to remove the series of tariffs applied by U.

The European Commission announced Thursday it has compiled a list of imported goods and items from the United States which could become subject to tariffs.

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.