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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 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.
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The pact imposes a baseline tariff of 15% on the U.S.’s biggest trading partner.
Squaring off across the table from Ursula von der Leyen was Donald Trump, banging his fists and demanding a 30 per cent ...
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