U.S. Tariffs Will Increase Whisky, <br />Wine and Cheese Prices The Trump administration has <br />said that it intends to impose <br />tariffs on $7.5 billion worth <br />of European goods. The escalating trade tensions are <br />a result of the US and European Union’s <br />long-running dispute over aircraft subsidies. Products from France, Germany, <br />Spain and the United Kingdom <br />would be hit the hardest with the tariffs. The US is the EU’s most valuable wine <br />and Scotch whisky export market, <br />meaning the tariffs could negatively <br />affect jobs within those industries. The tariffs are set to go into <br />effect October 18, though both <br />sides are willing to negotiate.
