Trade groups urge end to ‘excessive’ tariffs

A coalition of 20 industry bodies has called for the immediate removal of tariffs on EU and US products before the “once-booming transatlantic drinks trade” suffers further damage. Trade associations including the Distilled Spirits Council of the US (Discus), Spirits Europe and the Scotch Whisky Association (SWA) have published a statement warning that further European Union (EU) tariffs of 25% on US rum, brandy, vodka and vermouth would “increase the tensions” around the ongoing trade…

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US signs free trade deal with Mexico and Canada

A trade deal has been agreed between Mexico, Canada and the US, which preserves the status of Bourbon and will see American rye whiskey receive product recognition. The US-Mexico-Canada Agreement (USMCA) replaces the North American Free Trade Agreement (Nafta) and is said to be “mutually beneficial” for workers, farmers, ranchers, and businesses. The deal aims to “create a more level playing field” and includes “a number of important provisions for the spirits industry”. As a…

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