US President Donald Trump threatened to introduce 200 p.c duties on the import of any alcoholic drinks from the European Union to the USA in response to the truth that the EU, in keeping with him, “has simply launched disgusting 50 p.c tariffs for whiskey”.
“If this tariff just isn’t instantly canceled, the USA will quickly introduce a 200 p.c tariff for all wines, champagne and alcoholic drinks coming from France and different nations representing the European Union,” Trump wrote on the Reality Social social community on March 13.
To date, the EU has not launched duties on the import of products from the USA, as Trump said about this. European Union reported March 12, which goes to introduce duties on the import of varied items from the USA within the quantity of 26 billion euros from April 1. The pinnacle of the European Fee Ursula von der Layen Title It is a response measure for US actions, which launched 25 p.c duties on the import of metal and aluminum.
By information The Wall Avenue Journal, the European Union plans to introduce 50 p.c duties on the import of American whiskey, bikes and motor boats.
The USA in 2023 imported $ 4.7 billion from the EU nations, The Telegraph reported. In the identical interval, the USA exported $ 571 million to the European Union.
Europe is a big client of American whiskey. Over the previous three years, export has elevated by 60% to $ 699 million after the abolition of earlier duties, experiences CNN, referring to the recommendation on distilled alcohol of the USA.
