Brown-Forman (BF.A; BF.B), the maker of Jack Daniel's whiskey and other alcoholic beverages, was among the 澳洲幸运5官方开奖结果体彩网:S&P 500's biggest decliners Wednesday as the 澳洲幸运5官方开奖结果体彩网:European Union (EU) hit back with 澳洲幸运5官方开奖结果体彩网:retaliatory tariffs afte෴r 25% U.S. l♔evies on steel and aluminum went into effect.
The EU said that starting April 1, "tariffs will be applied on products ranging from boats to bourbon to motorbikes." The moves are in response to 澳洲幸运5官方开奖结果体彩网:U.S. tariffs that went into effect at midnight Wednesday.
Canada, which also implemented countertariffs Wednesday, 澳洲幸运5官方开奖结果体彩网:last 💫week imꦆposed retaliatory levies on American goods—including spirits such as those produced by Brown-Forman—"in response to unjustified U.S. tariffs."
Shares of Brown-Forman fell 5% Wednesday. They have lost about 10% of their value over the last two sessions.