Home Business News Is Scotch Whiskey set to get expensive?

Is Scotch Whiskey set to get expensive?

by LLB Reporter
2nd Jul 19 11:10 am

Scotch whiskey could become more expensive as the US is expected to include it in a list of imported gods to be hit with new tariffs.

The US has threatened to impose tariffs on European Union imports worth up to $4bn (£3.2bn) in the past. However, it is not clear when these tariffs would be imposed.

The Distilled Spirits Council of the United States slammed the move, adding tariffs will be bad for the industry

“We strongly oppose the inclusion of distilled products in the proposed retaliation list,”  spokeswoman Lisa Hawkins told the BBC.

“US companies – from farmers to suppliers to retailers – are already being negatively impacted by the imposition of retaliatory tariffs by key trading partners on certain US distilled spirits.

“These additional tariffs will only inflict further harm,” she said.

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