The EU has identified 2.83 billion euros ($3.5 billion) of U.S. product exports that it may apply tariffs to in retaliation for metals duties announced by President Trump. One route is an in-kind, “safeguarding” review and duties against steel imports, which account for 30% of the EU’s targets. The other is a broader set of consumer product tariffs following a full WTO dispute process, which could take a year-or-more to complete. Six product areas – whiskey, makeup, boats, motorbikes, maize and cranberries in order of scale – account for 71% of non-steel retaliatory areas, suggesting ...