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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 on the bloc to kick in. The U.S. and EU are ironing out the finer details of a trade agreement reached Sunday.
The European Commission says it presumes the United States will impose a 15% tariff on most EU exports from Friday.
Steep American tariffs on the European Union and United Kingdom could mean higher prices for imported wines and spirits, ...
Discrepancies between the two sides' version of the deal have emerged, and key details of the agreement are yet to be ...
European stocks logged their biggest one-day drop in over three months on Friday, at the end of a busy week as investors ...
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 ...
U.S. President Donald Trump's recent executive order only sets out his so-called "reciprocal" tariff for the EU at 15% and ...
Trump’s executive order imposed tariffs ranging from 10% to 41% on dozens of countries, and subjected all goods considered to ...
Many pharmaceutical products made in Europe will face a 15 percent tariff, pinching manufacturers and potentially leading to ...
European equity funds came under selling pressure in the week through July 30 as a rally in regional stocks cooled, with ...
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