Tag: cheer
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Whiskey distillers cheer as EU, U.S. strike deal to avoid 50% tariff on exports to Europe
Jack Daniel’s Tennessee Whiskey Getty Images U.S. whiskey distillers are breathing a sigh of relief as they will avoid a looming 50% tax on shipments to Europe. The European Union said Tuesday it would extend the suspension of tariffs on U.S. whiskey until March 31, 2025. The 50% levy, which came in the context of…