The EU has decided not to impose retaliatory tariffs on American bourbon and other US whiskeys, following lobbying efforts from whiskey-making Ireland and wine-producing countries like Italy and France. This decision was made amidst concerns that their alcohol industries would suffer in the midst of a global trade war, particularly due to the economic impact of Donald Trump’s trade policies. This move provides some relief for drink makers in the US amid the ongoing economic uncertainty.
Full Article
The EU doesn’t need a deal with Trump
Ursula von der Leyen is meeting Donald Trump in Scotland to discuss trade as tariff deadlines approach, drawing insights from her recent summits with Japan and China. The article argues that the EU should not concede to US pressures, highlighting the unpredictable nature of Trump's negotiations and suggesting that both the US and EU have more to lose than appears. Want More Context? 🔎
Read more