European Buyers Face New Tax on U.S. Imports

European horse buyers may be subject to an excise tax of at least 5% on horses they purchase and bring home from the United States as a result of trade sanctions imposed against the U.S. on March 1 by the European Union (EU).

Horses are included in the list of imported products being taxed, though breeding stock and horses destined for immediate slaughter are exempt. No specifics wer

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