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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.
US tariffs on EU wine and spirits set at 15% from August 1, says Brussels
The EU said it had secured exemptions for several products — including aircraft, aircraft parts and cork — from the overall tariff rate on most exports to the US. But for others, including for the wine and spirits sector,
Steep American tariffs on the European Union and United Kingdom could mean higher prices for imported wines and spirits, ...
European wine and spirits will face a 15% U.S. import tariff until a different deal is agreed in talks expected to continue ...
The agreement will reduce the upcoming tariffs on imported European cars to 15 percent and will see the EU invest billions in ...
German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and ...
All of Europe’s carmakers have reported losing millions in profit because of the tariffs, and say they’re not hopeful of ...
President Donald Trump announced 15% tariffs on most goods from the European Union, down from the threatened 30%, as part of ...
President Trump met with top European officials demanding fairer trade with the 27-member European Union at his golf course ...
The hike could destabilize the long-entrenched import, distribution and retailing system while not providing much export ...
President Trump announced a new trade deal framework over the weekend with the European Union. So what does that mean for you ...
22hon MSN
The U.S. economy had generally been considered in good shape. By Friday afternoon, some experts were predicting a recession.
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