{"id":263382,"date":"2025-03-21T02:19:07","date_gmt":"2025-03-21T02:19:07","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/03\/21\/europe-delays-tariffs-on-u-s-whiskey-to-make-time-to-negotiate\/"},"modified":"2025-03-21T02:19:07","modified_gmt":"2025-03-21T02:19:07","slug":"europe-delays-tariffs-on-u-s-whiskey-to-make-time-to-negotiate","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/03\/21\/europe-delays-tariffs-on-u-s-whiskey-to-make-time-to-negotiate\/","title":{"rendered":"Europe Delays Tariffs on U.S. Whiskey to Make Time to Negotiate"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/static01.nyt.com\/images\/2025\/03\/20\/multimedia\/20trump-news-eu-tariffs-bwqp\/20trump-news-eu-tariffs-bwqp-facebookJumbo.jpg?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Europe Delays Tariffs on U.S. Whiskey to Make Time to Negotiate\" title=\"Europe Delays Tariffs on U.S. Whiskey to Make Time to Negotiate\" \/><\/div><p> <br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Officials from the European Union said on Thursday that they would delay their retaliation against President Trump\u2019s steel and aluminum tariffs \u2014 including 50 percent levies on American whiskey and other goods \u2014 until the middle of next month.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The move is meant to give officials time to refine the list of products that will be hit while also allowing more time to strike a deal with the United States, said Olof Gill, a spokesman. The first wave of E.U. tariffs was originally set to kick in on March 31, with a second wave coming a few weeks later.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The postponement could allow officials to reconsider whether they want to impose such big tariffs on sensitive products like bourbon. And it comes as Europe tries to prevent its trading relationship with the United States \u2014 arguably the <a class=\"css-yywogo\" href=\"https:\/\/policy.trade.ec.europa.eu\/eu-trade-relationships-country-and-region\/countries-and-regions\/united-states_en#:~:text=The%20European%20Union%20and%20the,largest%20trading%20partners%20by%20far.\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">globe\u2019s most important<\/a> \u2014 from devolving into a tit-for-tat trade war that costs consumers and companies on both sides of the Atlantic.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cThe E.U. and the U.S. enjoy the largest bilateral trade and investment relationship in the world,\u201d Maros Sefcovic, the bloc\u2019s trade commissioner, said <a class=\"css-yywogo\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/speech_25_840\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">during a speech<\/a> in Brussels on Thursday. \u201cIt should be a priority for both sides to protect and further develop this relationship.\u201d<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Mr. Sefcovic, who is in charge of negotiating trade matters for the E.U., <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/13\/us\/politics\/trump-tariff-european-union-whiskey.html\" title=\"\">talked to his<\/a> American counterparts by phone last week. He said on Thursday that he had learned that the Trump administration did not want to negotiate on trade until after April 2, when the United States <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/18\/us\/politics\/trump-tariffs.html\" title=\"\">is expected to announce<\/a> a new and even more sweeping round of tariffs on its global trading partners.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cFor them, this should serve as a base line for redefining and rebuilding U.S. trading relations with the rest of the world,\u201d Mr. Sefcovic said. \u201cOnly then may partners be able to engage on possible negotiations.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The delay in negotiation has complicated the original start date for Europe\u2019s retaliatory tariffs, which E.U. policymakers had always hoped would be a tool to prod the Americans to the negotiating table.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The E.U. announced its tariff package last week in response to steel and aluminum tariffs that began on March 12. The European plan was originally meant to take effect over two phases.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The first \u2014 the one that is now delayed \u2014 would have allowed a set of tariffs that had been instituted during Mr. Trump\u2019s first presidency and then suspended during the Biden administration to snap back into place at higher levels. Whiskey, motorcycles and a range of other products would have been affected.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-2\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">The second phase would have placed new tariffs on a wide array of American products. Member states were meant to consult on the proposed list, set out in <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/12\/business\/economy\/europe-tariffs-products-goods-trump.html\" title=\"\">a 99-page document covering<\/a> everything from lingerie to soy products to machinery parts. Those tariffs were set to begin in mid-April.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Now, all of the tariffs are expected to take hold next month, adding heftier levies on up to 26 billion euros, about $28 billion, worth of exports.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Slowing down the process could allow officials more time to take feedback into account and make edits, relevant at a moment when the continent\u2019s plan has already met with a prompt and painful response from Washington.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Trump said he would impose a <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/03\/13\/us\/politics\/trump-tariff-european-union-whiskey.html\" title=\"\">crushing 200 percent tariff<\/a> on European champagne, wine and other alcohol to retaliate against Europe\u2019s plan to hit American whiskey in particular.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">That threat has stoked alarm among European leaders from wine-producing nations. Giorgia Meloni, Italy\u2019s prime minister, has warned against a \u201c<a class=\"css-yywogo\" href=\"https:\/\/www.ft.com\/content\/34ca185a-1060-4502-9812-909d4d02df1b\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">vicious circle<\/a>\u201d of trade measures, and Fran\u00e7ois Bayrou, the prime minister of France, has said Europe is at risk of \u201c<a class=\"css-yywogo\" href=\"https:\/\/www.politico.eu\/article\/france-prime-minister-eu-tariffs-us-trade-war-american-products\/\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">hitting the wrong targets<\/a>.\u201d<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-3\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Whiskey <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/02\/14\/business\/economy\/whiskey-tariffs.html\" title=\"\">was originally placed<\/a> on the tariff list during Mr. Trump\u2019s first trade war, in 2018, as a way to target Senator Mitch McConnell, Republican of Kentucky, who was then the majority leader. Bourbon is an important export from his home state. But with a new crop of leaders in Congress and surrounding Mr. Trump, the political calculus around such products has shifted.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Hanging over everything is what more might happen before mid-April.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">While details on the new tariffs that the United States might impose on April 2 remain scant, Europe has been bracing for their impact. Mr. Trump has at times threatened that levies on cars and other products could be as high as 25 percent \u2014 a painful blow to German automakers, for instance.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Sefcovic said on Thursday that the United States could also unleash further trade measures on copper, wood and shipbuilders.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Christine Lagarde, the president of the European Central Bank, suggested on Thursday that tariffs were being used as \u201c<a class=\"css-yywogo\" href=\"https:\/\/www.politico.eu\/article\/ecbs-lagarde-watch-out-us-we-can-live-without-you\/\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">blackmail<\/a>,\u201d and that they could <a class=\"css-yywogo\" href=\"https:\/\/www.ecb.europa.eu\/press\/key\/date\/2025\/html\/ecb.sp250320~6c2889bbd3.en.html\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">both sharply reduce European growth<\/a> and add uncertainty to the outlook for price inflation.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">But she said that if the E.U. responded by striking closer trade deals both internally and with other trading partners, it could offset those potential consequences.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cThe answer to the current shift in U.S. trade policies should be more, not less, trade integration, both with trade partners around the globe and within the E.U.,\u201d Ms. Lagarde said. <\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.nytimes.com\/2025\/03\/20\/world\/europe\/us-tariffs-eu-whiskey.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Officials from the European Union said on Thursday that they would delay their retaliation against President Trump\u2019s steel and aluminum tariffs \u2014 including 50 percent levies on American whiskey and other goods \u2014 until the middle of next month. The move is meant to give officials time to refine the list of products that will [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":263383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static01.nyt.com\/images\/2025\/03\/20\/multimedia\/20trump-news-eu-tariffs-bwqp\/20trump-news-eu-tariffs-bwqp-facebookJumbo.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[67154,165435,94,896,9033,14314,164053,105777,18165,222,221,1021,128437,23475],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/263382"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=263382"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/263382\/revisions"}],"predecessor-version":[{"id":263384,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/263382\/revisions\/263384"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/263383"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=263382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=263382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=263382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}