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The U.S. tariff on European wine and spirits is currently 10%. Brussels is keen to reduce that to zero or, for wine at least, to the Most Favoured Nation (MFN) rates that are set on a fixed cost per ...
Alcoholic beverages are not expected to be excluded from the newly agreed tariff rate, according to the European Commission, ...
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, ...
A Commission spokesperson says the EU is looking to agree on "carve-outs" from the tariffs for wine and spirits.
European shares closed at a more than one-week low on Thursday, as investors were disappointed by a series of corporate ...
After the EU and US announced a trade deal on July 27, in which most EU products imported to the US would be subject to a 15% ...
The European Union expects that wine and spirits exported to the U.S. will face a 15% tariff from Friday, a spokesman said as the clock runs down for U.S. levies on the bloc to kick in.