The EUs Section 232 rebalancing tariffs on bourbon and US whiskey

March 26, 2021

In April 2017, the US Commerce Department launched an investigation on the impact of the import of aluminium and steel into the US for national security. The outcome of that investigation resulted in then President Trump, under Section 232 of the Trade Expansion Act, applying 25% import duties on steel and 10% on aluminium from all foreign producers including those based in the European Union.