USTR Upholds Alcohol Tariffs on EU Exports

Alcohol Tariffs Photo of Whiskey Bottle and Glasses
USTR upholds alcohol tariffs on EU exports

United States Trade Representative Robert Lighthizer announced on Aug. 12, that the U.S. will make modifications to the list of $7.5 billion worth of European Union exports facing retaliatory tariffs.

However, the U.S. decided to keep a 15% tariff on Airbus aircraft. In addition, it retained a 25% tariff on food, beverages and other products coming from Europe. These products include wine, whiskey, liquor and other European exports.

The EU countered the initial alcohol tariffs by implementing a retaliatory duty of 25%. This move lowered American whiskey exports to Europe by 33%.

READ MORE: Alcohol Tariff War Cripples Liquor Industry

"The EU and member states have not taken the actions necessary to come into compliance with WTO decisions," regarding German, French, Spanish and...

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