China Adds Whiskey to Tariff List in Trade Showdown

Both the US and Chinese governments are again upping the ante in their trade dispute. Yesterday, the Trump Administration shared a new list of Chinese imports to raise tariffs on, and in turn, China rolled out a new list of its own, which now includes US whiskey exports.Prior to 2001, China had a 65% tariff on spirits imports, but that decreased to 10% when it joined the World Trade Organization that year, and then decreased even further last year to