Scotch Whisky Association reports £500m loss after US tariffs

02/02/2021

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BBC News

Losses to Scotch whisky exports have reached £500m as a result of tariffs imposed by the US, according to an industry body.

New figures suggest single malt exports have fallen by more than a third since a 25% tariff was imposed in 2019.

It was among measures introduced by the US in retaliation against EU subsidies given to aircraft maker Airbus.

The Scotch Whisky Association (SWA) described the current situation as “unsustainable”.

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