On March 16th, the European Union recently announced countermeasures against the 25% steel and aluminum tariffs imposed by the United States, including imposing tariffs on American whiskey, which will take effect in April. In response, the US has threatened to soon impose a 200% tariff on alcoholic products from EU countries. Domestic alcohol industry insiders in the United States say that a 200% tariff is unimaginable, as it will result in higher prices for American consumers and greatly affect the business operations of American alcohol merchants. (CCTV Finance)
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