The European Union expects President Donald Trump’s trade investigations to boost the amount of the bloc’s goods facing US tariffs to €549 billion ($622 billion), escalating the transatlantic conflict as the two sides are trying to negotiate a reduction in levies.

The European Union’s top trade negotiator reportedly said that if U.S. President Donald Trump moves forward with broader tariffs, including on sectors such as pharmaceuticals, it could collect more than $100 billion in taxes from European imports.

Tariffs imposed by US President Donald Trump will affect approximately 97% of the European Union’s total exports to the US, Politico informs. The head of the EU’s trade representation, Maroš Šefčovič,