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07 April 2021

European Union/United Kingdom/United States: American whiskey tariffs

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di Redazione | in 
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On 05 April 2021, approximately fifty members of the U.S. Congress reportedly urged the U.S. Trade Representative to seek removal of the 25% tariffs on American whiskey imposed in 2018 by the European Union and Britain in retaliation for U.S. tariffs on steel and aluminum. American whiskey exports to the European Union have since fallen by 37% and to the United Kingdom by 53%, and the tariffs are scheduled to double to 50% on 01 June 2021. On 22 March 2021, the U.S. Trade Representative discussed global steel and aluminum overcapacity with her EU and UK counterparts, but the Biden administration is reportedly facing pressure from U.S. steelmakers and their unions to maintain the steel tariffs.

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