Licorice Tea and Palazzo are produced all around the globe. And they change according to region in where they are cultivated. So, the question arises what is Licorice Tea and Palazzo's differentiating factor?In following section we will take a close look at what is Licorice Tea and Palazzo color, serving style, types and much more. First thing to know is what are the different types of Licorice Tea and Palazzo. Well, Licorice Tea types include Herbal while types of Palazzo are Espresso, Palazzo, Iced Coffee.