The European Union has returned U.S. spirits to its proposed list of retaliatory tariffs. Here's what that could mean for Kentucky's bourbon industry.

Officials have secured an agreement across the bloc to slap tariffs on US goods, ranging from US-made cars to bourbon whiskey.

Things aren’t looking good for Mexico either. In a letter addressed to Mexican President Claudia Sheinbaum, Trump said that while the country had been “helping me to secure the border.” However, if Mexico wants the US to adjust the levies, it needs to be “successful in challenging the Cartels and stopping the flow of Fentanyl.”

If implemented by the 1 August deadline, the move could derail $1.7 trillion worth of transatlantic commerce and force the EU to reconsider its export-reliant economic structure.

The European Commission is targeting €72bn worth of U.S. goods - from Boeing aircraft and bourbon whiskey to cars - for possible tariffs if trade talks with Washington fail.

The port is one of the world’s largest car transport hubs, shipping more than 3m vehicles around the world in 2024

Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about hiking prices.

President Trump is threatening the European Union and Mexico with 30% tariffs. The EU warns of counter measures if the tariffs kick in on Aug. 1.