The past year has presented many challenges to the whiskey industry, and one of the main factors that have been making distilleries and their parent companies nervous are tariffs. About a year ago, President Trump instituted a 10 percent tariff on goods imported from the U.K, which included scotch whisky. That was a significant blow to an already struggling industry, and one that made one of its most important markets—America—that much more expensive for consumers. But yesterday, after…
Trump Is Lifting the Tariff on Imports of Scotch Whisky
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