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European wine and spirits makers urge 0% tariffs as EU-U.S. deal leaves sector in the dark
World

European wine and spirits makers urge 0% tariffs as EU-U.S. deal leaves sector in the dark

In a bar in Neukölln there are bottles of spirits on a shelf. Picture Alliance | Picture Alliance | Getty Images European wine and spirit makers are viewing their exclusion from the newly-etched U.S.-EU trade deal with caution as industry bodies call for a sector specific carve-out. European Commission President Ursula von der Leyen said […]

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Spirits maker Diageo removes medium-term guidance on U.S. tariff uncertainty
World

Spirits maker Diageo removes medium-term guidance on U.S. tariff uncertainty

Bottles of Diageo-owned Johnnie Walker Red Label whisky in a supermarket in Chelmsford, UK, on Tuesday, Jan. 28, 2025.  Bloomberg | Getty Images Spirits maker Diageo said Tuesday that it is taking steps to deal with the potential impact of U.S. tariffs on key supply chain regions and has removed its medium-term guidance due to […]

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