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EU Tariffs Strike US Whiskey, Threatening $700M in Exports
The EU imposed a 50% tariff on American whiskey in April in retaliation for US tariffs on steel and aluminum, impacting a US spirits industry that had seen a 60% export surge to the EU in the last three years to $699 million, following a recent slowdown in the US market and layoffs in the industry.
EU Tariffs Strike US Whiskey, Threatening $700M in Exports
The EU imposed a 50% tariff on American whiskey in April in retaliation for US tariffs on steel and aluminum, impacting a US spirits industry that had seen a 60% export surge to the EU in the last three years to $699 million, following a recent slowdown in the US market and layoffs in the industry.
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