Trade tensions between the US and the EU appear to be
intensifying, with Scotch whisky among the products that may be
included in a new list of US tariffs.
Since the election of President Trump and the Boeing-Bombardier
dispute in September 2017, tariffs have been a significant
issue in international trade discussions. Now, US Trade
Representative Robert Lighthizer has threatened tariffs of up to $4
billion on EU imports, although it is not yet clear when these will
be imposed.
Scotch whisky is among a number of
food and drink products from across the EU that will
potentially be affected. The US is the world's largest export
market for Scotch whisky by value – £1.04 billion in
2018. By volume, it is the second largest, with 137 million 70cl
bottles exported last year.