How new U.S. tariffs on the EU and U.K. could affect the cost of booze

Your French or Italian wine may soon cost more due to a 15% U.S. tariff on EU imports effective August 1, affecting prices for whisky and spirits as well. Trade groups are lobbying for exemptions, predicting significant losses for both U.S. and European producers, while economic experts warn higher tariffs could lead to reduced consumer demand and limited choices.

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