The European Union is preparing to unite its response to the tariffs imposed by U.S. President Donald Trump. The EU may approve targeted countermeasures, impacting up to $28 billion worth of American imports, including dental floss and diamonds, in the coming days. The Commission will present a list of potential U.S. products for future tariffs on Monday evening. This move specifically targets Trump’s steel and aluminum tariffs, not broader reciprocal tariffs. The first EU-wide political meeting since the announcement of these tariffs will be held in Luxembourg this week. Trade ministers from all 27 member states will meet to discuss the tariffs’ impact and devise the best strategies for response. While EU diplomats hope to negotiate with the U.S. for tariff removal, they are prepared to enforce countermeasures should negotiations fail.