Tag: Europe
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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…
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Joe Biden raises the specter of American troops having to fight Russians in Europe if Congress stands by and allows Ukraine to fall
President Joe Biden warned Wednesday that U.S. troops may have to fight Russian troops if Congress prevents further military aid from being sent to Ukraine. He demanded that lawmakers approve his request for tens of billions in military and economic aid. Republicans have said they are unwilling to accept another major aid package unless the…