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Europe Expects Spirits, Wine to Be Hit With 15% Tariff on Friday
The European Union expects wine and spirits exported to the U.S. will face the baseline 15% tariff from Friday, as the clock runs down for levies to kick in. The U.S. and EU are ironing out the finer details of a trade agreement reached Sunday.
EU wine, spirits to face 15% US tariff from August 1, EU says
European wine and spirits will face a 15% U.S. import tariff until a different deal is agreed in talks expected to continue in the autumn, the European Commission and EU diplomats said on Thursday, dashing producers' hopes of an immediate reprieve.
President Donald Trump's order imposing new tariffs on 68 countries and the European Union starting in seven days has ...
Steep American tariffs on the European Union and United Kingdom could mean higher prices for imported wines and spirits, ...
President Donald Trump's suspension of reciprocal tariffs ends Friday and the United States has only managed a small portion ...
Asian shares are lower after choppy trading on Wall Street that saw more losses as investors assess President Donald Trump's ...
President Donald Trump unveiled a trade agreement with the European Union on Sunday, making it the latest in a series of ...
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President Trump's Aug. 1 tariffs were having a ripple effect across global markets on Friday, weighing on investor sentiment and European stocks were escaping that sel ...
German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and ...
The hike could destabilize the long-entrenched import, distribution and retailing system while not providing much export ...
For months President Donald Trump has been slapping higher tariffs on practically every country’s exports to the United ...
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