The impact of tariffs on Scotch whisky exports to the US is “unsustainable” as losses for the sector have hit £500m, according to the Scotch Whisky Association (SWA).
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The UK is to suspend existing EU-imposed import tariffs on a slew of US products as Brexit transition comes to an end on 1 January, with the hope that a reciprocal move will see harsh US duties on Scotch lifted.
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A group of over 200 MPs and other legislators from 19 countries have launched a campaign against China’s swingeing new tariffs on Australian wine.
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Wine and Spirit Trade Association (WSTA) chief executive Miles Beale has said that the UK is likely to get ‘something or nothing’ in terms of a trade deal over the coming week, while insisting that a ‘deal is still better than no deal at all’.
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The Scotch Whisky Association (SWA) has launched a campaign urging whisky lovers to write to their MPs underlining the damage that US tariffs are causing to the Scotch whisky industry and asking them to “urge the government to call time on tariffs”.
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Tariffs will remain in place on wines imported into the UK after the current Brexit transition period ends.
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Bordeaux’s share of trade fell to a record low last week with sales hit by Coronavirus and US tariffs uncertainty.
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Wine tariffs introduced as part of a transatlantic dispute on aeronautics have provided something of a boost for Italy on the secondary market, with the value of the country’s top wines increasing by an average of 12.5% during 2019 on a leading UK platform.
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Whisky industry bodies on both sides of the Atlantic have issued a joint call for their respective governments to stop using tariffs on whisky as a proxy battle in unrelated trade disputes.
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The USA’s threat of slapping 100% tariffs on US$2.4 billion worth of French imports including wine and Champagne seems to have been put on hold after the countries’ leaders announced a ceasefire on Twitter.
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US tariffs on wine and whisky are driving the market in Cognac, a leading UK supplier has revealed.
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Tariffs on French wine entering the US could be subjected to 100% tariffs, authorities have warned, following an investigation into whether a new technology tax in France unfairly targets American companies.
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UK Prime Minister Boris Johnson has urged US President Donald Trump to lift tariffs on Scotch whisky.
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The Scotch Whisky Association (SWA) is to meet secretary of state for trade Liz Truss later today to demand government action on the threatened US tariffs on Scotch.
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Scottish MPs have demanded that Boris Johnson speaks directly to US president Donald Trump to avert the imposition of 25% import tariffs on Scotch.
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Nearly 80,000 jobs in the US drinks sector could go if the US government targets wine and spirits in its tariff dispute with the EU, the industry has warned.
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The Scottish Whisky Association (SWA) has responded strongly to the reported threat of US tariffs on the import of Scotch.
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Major New World exporters to the UK could bring pressure to bear on the UK Government over duty rises on wine as part of negotiations over future free trade agreements.
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The Scotch Whisky Association (SWA) has called for zero tariffs on imports of whisky making materials in the Brexit negotiations.
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Ian Dury and the Blockheads released Reasons To Be Cheerful in July 1979, two months after Margaret Thatcher became the UK’s first female Prime Minister.
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