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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,
President Donald Trump unveiled a trade agreement with the European Union on Sunday, making it the latest in a series of ...
European wine and spirits will face a 15% U.S. import tariff until a different deal is agreed in talks expected to continue ...
Steep American tariffs on the European Union and United Kingdom could mean higher prices for imported wines and spirits, ...
Trump and EU chief Ursula von der Leyen made the deal in Scotland after many months of bargaining, but major details are ...
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 ...
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 ...
3don MSN
Part of the agreement involves a commitment to buy American oil and gas. Over the course of the Russia-Ukraine war, now in ...
President Donald Trump released two tariff letters on Saturday, imposing duties of 30% on products from Mexico and the ...
9hon 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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