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Scotch Whisky Tariffs Suspended For The Time Being By U.S.
Scotch Whisky Tariffs Suspended For The Time Being By U.S.
The ongoing trade dispute between the United States and the United Kingdom over large civilian aircraft has, for a number of months now, had Scotch whisky in the crosshairs as part of series of retaliatory tariffs between the two nations. Now, in a sign of potentially thawing the ice, the countries have agreed to suspend for the next four months said tariffs as they try to sort things out.
The UK initially took a step at the beginning of the year, ceasing to apply retaliatory tariffs in the dispute in order to “de-escalate the issue and create space for a negotiated settlement to the Airbus and Boeing disputes.” A joint statement released today from the international trade offices of the respective governments indicated the United States was now making a in-kind gesture back to one of its most important trading partners.
Among the cash includes £57 million of investment to turbocharge green recovery whilst the Union boost will accelerate the creation of almost 13,000 jobs.
But Scottish Finance Secretary Kate Forbes and SNP Westminster leader Ian Blackford warned the Budget was a return to austerity and failed to tackle inequality.
The pair have also been calling to make the £20 Universal Credit increase permanent.
In a letter to Chancellor Rishi Sunak, Ms Forbes urged the UK Government to support Scotland as lockdown measures are set to be eased over the next six weeks.
Scotland has asked for more money after Rishi Sunak announced the new budget today (Image: Getty)
Tories plot Union flag blitz in Scottish towns to stop independence thenational.scot - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenational.scot Daily Mail and Mail on Sunday newspapers.
Scottish Tory leader Douglas Ross wants the Prime Minister to tell unionists to snub the wildcat poll (Image: Getty)
However, one Cabinet minister said: “If they [the SNP] held one of their own, we just would not engage. There is no way they would get to 50 percent of the electorate.”
A second referendum could cost nearly £20million, according to estimates.
The 2014 Scottish referendum cost taxpayers £15.8million-or £18.1million in today s money, allowing for inflation.
Mr Ross, who is due to hold talks about the strategy to keep the Union together with the PM this week, said: Every unionist in the country right across the UK should boycott this divisive tactic of the nationalists.”