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Scottish whisky producers concerned about potential reintroduction of Trump tariffs – Wyoming Tribune


Scottish whisky makers are expressing concerns over the potential return of tariffs imposed by former President Donald Trump. These tariffs, which were implemented in response to a dispute over subsidies for aircraft manufacturers, led to a 25% tax on single malt Scotch whisky imported to the United States.

The tariffs were temporarily suspended by current President Joe Biden earlier this year as part of ongoing trade negotiations between the US and the European Union. However, with negotiations still ongoing, there is fear among Scottish whisky makers that the tariffs could be reinstated, causing further harm to an industry already struggling due to the effects of the COVID-19 pandemic.

The Scotch whisky industry is a vital part of the Scottish economy, supporting thousands of jobs and generating millions in revenue each year. The tariffs imposed by Trump had a significant impact on the industry, leading to a decline in exports to the US and placing financial strain on whisky producers.

With the potential return of these tariffs looming, Scottish whisky makers are urging policymakers to find a resolution to the trade dispute that will not further harm their industry. They emphasize the importance of the US market to their business and hope for a swift and favorable outcome in the ongoing negotiations.

In conclusion, the uncertainty surrounding the potential return of Trump-era tariffs is causing anxiety among Scottish whisky makers, who are already facing challenges in the wake of the pandemic. They are calling for a resolution that will protect their industry and ensure continued access to the lucrative US market.

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