Heavy lobbying by European spirits and wines producers, who feared further U.S. tariffs on their own products, deterred the European Commission from proposing tariffs on Bourbon and U.S. wine. But Washington’s blanket 10% tariffs on all EU products, including spirits,…
Category: Tariffs
Bourbon Removed from EU Retaliatory Tariff List
The EU removed Bourbon from a list of proposed counter-tariffs of 25% on a variety of U.S. goods intended as a response to President Trump’s tariffs on EU steel and aluminum. U.S. wine was also removed from the list, The Wall…
NYSE Content Advisory: Pre-Market update + Wall Street sees highest volume in at least 18 years
The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on April 8th Watch NYSE TV Live every weekday 9:00-10:00am…
EU Responds to Trump’s Steel, Aluminum Tariffs with 50% Levy on All U.s. Bev/Al; Includes Other Goods
Calling new U.S. tariffs announced by President Trump on imports of European Union steel and aluminum “unjustified,” the EU Commission reimposed a 50% tariff on U.S. alcoholic and nonalcoholic beverages and other products effective April 1. The EU also put…