"In Honor of the King and Queen of the United Kingdom, who have just left the White House, I will be removing the Tariffs and Restrictions on Whiskey having to do with Scotland's ability to work with the Commonwealth of Kentucky on Whiskey and Bourbon."
"The whisky market has suffered from higher levies and declining rates of alcohol consumption. The Scotch Whisky Association estimates the charges cost the industry 4m a week."
"Distillers can breathe a little easier during a period of significant pressure on the sector, the SWA said."
Donald Trump declared the removal of tariffs on whisky imports in a gesture of goodwill after King Charles's visit to the White House. The US and UK had previously signed a deal allowing a 10% baseline tariff on British goods. Trump emphasized the importance of whisky and bourbon industries in Scotland and Kentucky. The Scotch Whisky Association noted that tariffs had cost the industry significantly, and the removal of these tariffs is seen as a major relief for distillers facing declining demand.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]