The EU has delayed its retaliatory tariffs against the U.S. until mid-April, following Trump’s threat of a 25% increase on steel and aluminum imports.
- The EU’s countermeasures initially included a 50% tariff on American whiskey, originally set for April 1 and April 13 launch.
- This delay allows for negotiations and review of affected products.
Whiskey distillers welcomed the pause, while Ireland’s PM supported the strategic move. Trump’s counter-threat includes a 200% tariff on European alcohol if the EU proceeds. Meanwhile, little progress has been made in resolving the trade tension.
Tags #International, #Business, #Politics
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