European Union Removes Tariffs On American WhiskeyNovember 1, 2021
In case you missed this weekend’s news alert, the European Union has agreed to remove tariffs on American whiskey, among other goods, in return for a U.S. commitment to ease its own levies on E.U. steel and aluminum. Industry groups and American distillers hailed the agreement, which ends a period in which exports suffered as a result of the tariffs.
“Brown-Forman looks forward to the return of a level playing field on January 1, 2022, and continued international growth for American whiskey,” said Brown-Forman president and CEO Lawson Whiting. “We hope a similar outcome can soon be achieved between the U.S. and the U.K.” Here’s the full story.—Daniel MarstellerSubscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.