The U.S. government is preparing a new round of tariffs to be applied on imports from the EU. They represent a revision of existing tariffs related to EU aerospace subsidies. This so-called “carousel” approach is designed to cause maximum disruption to EU industries and covers $3.06 billion of products in the 12 months to April 30. The biggest targets include spirits from France and the U.K. alongside German materials handling products and Spanish olives. The French vodka tariffs will cover $591 million of products including Bacardi’s Grey Goose. The latter already e...
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