Low spirits for alcohol stocks despite better-than-feared trade deal
CNBC Televisionยท2025-07-28 16:08
Welcome back. Getting some clarity perhaps for alcohol producers in the US and Europe today following the news of the EU trade deal. But the group overall moving lower.Brandon Gomez has been tracking the impact on that industry for us. Brandon, what do we know. >> Hey.Yeah, good morning David. A breath of relief, but no cheers yet. European wine and spirits makers treading carefully, finding themselves left out of the EU trade deal.Now, that 15% tariff on EU imports to the US better than the 30% feared. But ...