The European Commission plans to submit counter-tariffs on 93 billion euros ($109 billion) of U.S. goods for approval to EU members, while its trade chief will hold talks with U.S. Commerce Secretary Howard Lutnick.

The European Commission said on Thursday a negotiated trade solution with the United States is within reach - while EU members voted to approve counter-tariffs on 93 billion euros ($109 billion) of U.

STORY: The European Commission has plans for counter-tariffs on $109 billion of U.S. goods.And it aims to submit the proposal to EU member for approval on Wednesday (July 23).All while its trade chief is due to hold talks with U.