Recent Tariffs Articles

The United Kingdom has secured a significant trade agreement with China that slashes import tariffs on Scotch whisky from 10% down to 5%. The deal, finalized during Prime Minister Keir Starmer's recent trip to Beijing, represents a major development for an industry that has faced challenging market

In the heart of bourbon country and beyond, the whiskey business is facing some tough times. Distilleries that once rode high on pandemic-era sales are now grappling with empty shelves and red ink. Take A.M. Scott Distillery in Troy, Ohio – a newer player founded just back in 2022. They kicked off

The world of Scotch whisky, that golden elixir many folks turn to after a long day, is hitting some rough patches lately. For decades, it seemed like the industry couldn't miss—booming sales, new distilleries popping up, and a steady flow into American glasses. But now, things have flipped. A mix o

In a surprising twist amid escalating global trade tensions, the European Union has decided to remove American bourbon and other U.S. whiskeys from its list of retaliatory tariffs. This decision comes as a relief to the drinks industry, which had been bracing for the fallout of a trade war sparked

The longstanding trade tensions between the United States and the European Union (EU) have intensified, with a new wave of tariffs targeting the lucrative spirits market. This dispute, which traces its roots to earlier conflicts over steel and aluminum tariffs, is once again threatening economic t

India has taken a significant step toward enhancing trade ties with the United States by slashing the import tariff on bourbon whiskey from an overwhelming 150% to 50%. This dramatic reduction in duties, announced by the Department of Revenue on February 13, is expected to reshape the market for A

Diageo, the renowned British drinks company behind brands like Johnnie Walker, Guinness, Smirnoff, and Baileys, is bracing for a challenging period as it confronts the impact of new US tariffs. The tariffs, recently confirmed by the Trump administration, could slash the company’s operating profits

Over the weekend, President Donald Trump took a bold step by imposing a 25% tariff on imports from Canada and Mexico. The move, designed to push these nations to follow through on promises regarding illegal immigration and the flow of harmful drugs, has sent shockwaves through various industries i