EU Plans to Exclude Bourbon from Tariff List Amid Trade Tensions

The European Union is considering its response to U.S. tariffs on steel and aluminum, with a specific focus on bourbon, which may be exempted from retaliatory duties. European Commissioner Stephane Sejourne expressed a desire for bourbon to be removed from the list of products facing new EU tariffs, citing a hope for a 'proportionate' response. The EU's initial plans included a potential 50% tariff on bourbon, which could escalate trade tensions, prompting further discussions among member states. In addition to tariffs, the EU is exploring alternative measures, such as limiting U.S. companies' access to European public markets to exert pressure while maintaining diplomatic relations. As the EU prepares targeted countermeasures against approximately $28 billion of U.S. imports, its strategy remains fluid amid ongoing consultations. The situation highlights the complexities of transatlantic trade relations under President Trump's administration.