The European Union has lifted the planned retaliatory tariffs on American whiskey. This decision was announced by Italian Foreign Minister Antonio Tajani to Lamberto Frescobaldi, president of the Italian Wine Union (UIV), at Vinitaly.
The president of UIV expressed gratitude to the minister for successfully resolving this critical issue for the Italian wine sector. The additional tariffs on American spirits were initially announced by the EU but later suspended after threats of 200% retaliatory tariffs from the Trump administration.