BNIA: US tariffs will ‘destroy’ Armagnac industry

The Bureau National Interprofessionnel de l’Armagnac (BNIA) has slammed the introduction of a 25% tariff on Armagnac in the US, arguing the move will ‘destroy’ the industry. The US will impose a 25% tariff on additional European goods, including Cognac and brandy from France and Germany, from 12 January. The tariffs are being added as part of a long-running dispute between the EU and the US regarding plane manufacturers Airbus and Boeing. The BNIA trade…

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Industry would ‘suffer monumentally’ with no-deal Brexit

A no-deal Brexit would mean the central role that the UK plays in the global alcohol industry would “suffer monumentally” and be “derailed”, a leading analyst has said. The UK officially left the European Union (EU) on 31 January 2020. The UK was granted a transition period until 31 December 2020 to finalise a deal with the EU. However, with weeks to go until the end of the transition period, the UK government has not…

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The biggest spirits stories of 2019

The industry has faced many pressing issues in 2019 and The Spirits Business has been there to cover the news in detail. Here, we highlight the most important stories that made headlines in the past 12 months. Last year saw a number of big companies hit the headlines including Diageo, which breathed a sigh of relief after it avoided strike action across its Scottish distilleries. However, the Johnnie Walker owner came under criticism after being…

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