US president says he would move forward with the import duties if the EU doesn’t repeal a tax on US whiskey
A potential 200% US tariff on EU alcohol, including Irish whiskey, has been warned as devastating to the Irish whiskey industry, with exports of over €450 million at risk. The tariff is in retaliation to EU tariffs on US goods and threatens to ignite a wider trade war, with shares in European alcohol makers already falling.
