Dinnae fash, because Scotch whisky is about to get cheaper Lillian Stone
Go ahead take a whiff.
The Trump administration’s hawkish trade policy walloped the food and beverage industry, leading to high tariffs on a host of luxury goods. Last June,
Fortune reported that the dispute had cost the American whiskey industry as much as $300 million so recent news on the whiskey/whisky front is especially welcome. Late last week,
Food & Wine reported that the U.S. would temporarily suspend retaliatory tariffs on several European products, including everyone’s favorite Scotch sipper.
The New York Times explains that the deal would suspend a 25% tariff imposed by Europe on American rum, brandy and vodka, in addition to a 25% tariff the U.S. imposed on liqueurs and cordials from Germany, Ireland, Italy and Spain, as well as cognacs and other grape brandies from France and Germany. Finally, the U.S. declared it would temporarily suspend tariffs levied against the Uni
Coalition warns USPS alcohol delivery ‘not safe’ 9th February, 2021 by Owen Bellwood
A coalition of trade bodies has written to Congress in opposition of a bill that allows the United States Postal Service to ship alcoholic drinks as it is “not safe or responsible”.
Proposed legislation would allow the US Postal Service to deliver alcoholic drinks
The letter is in opposition to elements of the United States Postal Service Shipping Equity Act, and has been signed by the Wine and Spirits Wholesalers of America (WSWA), American Beverage Licensees (ABL), American Distilled Spirits Alliance (ADSA) and National Beer Wholesalers Association (NBWA).
US and EU groups call for tariff truce 26th January, 2021 by Owen Bellwood
A coalition of 72 US and EU trade associations has written to president Joe Biden and European Commission president Ursula von der Leyen urging the immediate removal of tariffs.
Trade bodies on both sides of the Atlantic have called for the removal of tariffs
Trade bodies from both sides of the Atlantic have called for the immediate suspension of tariffs on sectors unrelated to the ongoing dispute over subsidies for plane manufacturers Airbus and Boeing.
A statement submitted to Biden and von der Leyen has been signed by groups including the American Craft Spirits Association, American Distilled Spirits Alliance, Spirits Europe, Distilled Spirits Council of the US and Wine and Spirits Wholesalers of America.
January 12, 2021
WASHINGTON, D.C. – A coalition of 21 trade associations representing U.S., European Union, and United Kingdom wine, distilled spirits and related sectors today expressed disappointment in new U.S. tariffs going into effect today on certain Cognac, other grape brandies and non-sparkling wine from France and Germany.
“We are extremely disappointed with the imposition of additional excessive tariffs on certain Cognacs, other brandies and wines from France and Germany. These tariffs will just compound the harm caused by existing tariffs. The added pressure resulting from these tariffs will force more businesses to close their doors and more workers to be laid off in sectors already negatively impacted by the global pandemic,” said the coalition.