EU proposes hitting US-made planes, cars with tariffs if talks fail

The EU on Thursday proposed targeting cars and planes among a raft of US products worth 95 billion euros ($107 billion) in retaliation for President Donald Trump's swingeing tariffs -- if negotiations fall flat.

The European Commission published a provisional list of US goods that could "become subject to EU countermeasures", it said, if talks between Brussels and Washington do not result in "a mutually beneficial outcome and the removal of the US tariffs".