Europe delays tariffs on US goods, including whiskey | CNN Business

CNN  — 

The European Union is delaying the retaliatory tariffs it announced after the United States imposed a 25% tariff on steel and aluminum imports earlier this month.

The countermeasures, which include higher tariffs on American whiskey, were set to take effect starting April 1 and follow a phased approach. Instead, they will take effect all at once in mid-April, pending negotiations, the Commission announced on Thursday.

In addition to whiskey, the first phase called for 50% tariffs on motorboats and motorcycles from the US. The second phase, which was set to take effect

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