US President Donald Trump imposed tariffs on steel and aluminum imports a month ago. The European Union is voting on countermeasures on Wednesday, the first shot in a tariff war.
According to sources in Brussels, American whiskey will not be among the items to be subject to increased tariffs. It is believed that bourbon was dropped as a target of countermeasures due to lobbying by French and Italian winemakers.
Trump has threatened a 200 percent tariff on imports of wine, champagne and other alcoholic beverages if the EU imposes a punitive tariff on bourbon.
The first set of US tariffs affects EU exports worth 26 billion euros, on which the US authorities will levy an additional 6,5 billion.
It seems likely that the EU will target lower-value imports in its initial response to Trump's tariffs in March, partly in an effort to avoid escalation and a spiral of a tariff war.
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