Start United States USA — Financial European Union Delays Retaliatory Tariffs On U.S. Products—Including Whiskey

European Union Delays Retaliatory Tariffs On U.S. Products—Including Whiskey

36
0
TEILEN

The tariffs will take effect in mid-April instead of April 1, the European Commission said Thursday.
Topline
The European Union will wait until mid-April to impose retaliatory tariffs against some U.S. imports—including a 50% tax on American whiskey—to allow time for negotiations with the U.S. and a review of the products that will be subject to the new tax, the EU’s governing body, The European Commission, announced Thursday.Key Facts

The levies—announced in retaliation for the Trump administration’s steel and aluminum tariffs—were initially supposed to be phased in beginning April 1, with a second wave of products subject to the tax on April 13.

Continue reading...