Controversial tariffs on Scotch whisky imports to the US have been lifted, in what will be welcome news to distillers and enthusiasts alike.
Tariffs were introduced on EU goods as part of a trade dispute over aircraft manufacturing regarding subsidies given to European manufacturer Airbus (which negatively affected US-based rival
Scotch whisky exports had plummeted by 34 percent according to a coalition of bodies including spiritsEUROPE, the
Yet this week the Biden administration decided to suspend tariffs on
"This is fabulous news, and our industry is delighted. The tariff on Single Malt Scotch Whisky exports to the US has been doing real damage to Scotch Whisky in the sixteen months it has been in place, with exports to the US falling by 35 percent, costing companies over half a billion pounds," said SWA Chief Executive
"So today, everyone in our industry - from small companies to large - is breathing a sigh of relief. Suspending these tariffs - stemming from a transatlantic trade dispute that had nothing to do with us - and a return to tariff-free trade with the US means livelihoods and communities across
"It means that companies can now really focus on recovery - on building back the American market as well as on building back global exports hit by the coronavirus pandemic."
spiritsEUROPE, whose Director
"spiritsEUROPE views this announcement as a positive development and a first step towards a final resolution of the dispute. We would like to congratulate the
"The European and US spirits sectors are highly interconnected, hence spiritsEUROPE hopes that a similar agreement between the EU and US can be reached soon.
"Such an agreement would be a first important step and concrete outcome from current efforts to build a more constructive transatlantic relationship between the EU and the US."
Controversial tariffs on Scotch whisky imports to the US have been lifted, in what will be welcome news to distillers and enthusiasts alike.
Tariffs were introduced on EU goods as part of a trade dispute over aircraft manufacturing regarding subsidies given to European manufacturer Airbus (which negatively affected US-based rival
Scotch whisky exports had plummeted by 34 percent according to a coalition of bodies including spiritsEUROPE, the
Yet this week the Biden administration decided to suspend tariffs on
"This is fabulous news, and our industry is delighted. The tariff on Single Malt Scotch Whisky exports to the US has been doing real damage to Scotch Whisky in the sixteen months it has been in place, with exports to the US falling by 35 percent, costing companies over half a billion pounds," said SWA Chief Executive
"So today, everyone in our industry - from small companies to large - is breathing a sigh of relief. Suspending these tariffs - stemming from a transatlantic trade dispute that had nothing to do with us - and a return to tariff-free trade with the US means livelihoods and communities across
"It means that companies can now really focus on recovery - on building back the American market as well as on building back global exports hit by the coronavirus pandemic."
spiritsEUROPE, whose Director
"spiritsEUROPE views this announcement as a positive development and a first step towards a final resolution of the dispute. We would like to congratulate the
"The European and US spirits sectors are highly interconnected, hence spiritsEUROPE hopes that a similar agreement between the EU and US can be reached soon.
"Such an agreement would be a first important step and concrete outcome from current efforts to build a more constructive transatlantic relationship between the EU and the US."
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