European spirits like whiskey and Cognac face a 15% tariff as trade negotiations stall. Industry experts warn of severe impacts on U.S. businesses and consumers. What's next for your favorite drinks?
President Trump has issued a stark warning of a 200% tariff on European alcoholic beverages in response to the EU's countermeasures against US tariffs. This tit-for-tat could escalate the ongoing trade war, impacting both American and European industries.
