US spirits industry applauds UK for suspending retaliatory tariffs
09 December, 2020
The US spirits industry has applauded the UK’s decision to suspend retaliatory tariffs on American rum, brandy and vodka once it leaves the EU on January 1.
The US government has announced that the existing 25% tariffs will remain on single malt Scotch for the foreseeable future.
American whiskey exports to EU have decreased by a third since the bloc imposed a 25% retaliatory tariff in June 2018.
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