India to Cut Scotch Whisky Tariffs
After years of negotiations, India and the United Kingdom have finally reached a free trade agreement that will halve India’s 150% tariff on Scotch Whisky… Read More
United Kingdom
European Union Joins Trade War
The European Union has responded to U.S. President Donald Trump’s new 25% tariffs on steel and aluminum imports by re-imposing its tariffs on American-made whiskies.… Read More
American Spirits Exports Reach Record High
March 12, 2023 – American distillers exported a record $2.06 billion in spirits during 2022, a 30 percent gain over 2021 as the temporary end of tariffs on Bourbons and other American whiskies helped exports rebound. According to a new report from the Distilled Spirits Council, American whisky exports grew 32 percent with a value of $1.28 billion during the year. “Growth to the European Union and United Kingdom lagged behind other markets,” DISCUS Vice President of International Trade Rob Maron told WhiskyCast in a telephone interview. Both trade partners ended their punitive tariffs on American whisky exports in 2022, Read More »