The five-year tariff truce between the US, UK and EU is a “good first step”, however the “unjustified” remaining tax on American whiskey must also be eliminated, the president of Spirits Europe has mentioned. Christian Porta stays “hopeful” the American whiskey tariff situation might be resolved Chatting with The Spirits Enterprise in July, Christian Porta,
EU
Exports of European spirits fell by 19% final yr as a result of tariffs and Covid-19 restrictions, in line with a brand new report. European spirits exports reported a double-digit drop in 2020 European spirits exports reached €6.8 billion (US$8bn) final yr, figures from Spirits Europe’s Commerce Assessment 2021 revealed. Within the report, Spirits Europe
18th June, 2021 by Melita Kiely Commerce our bodies and producers on each side of the Atlantic have welcomed the US and UK’s settlement to droop retaliatory tariffs for 5 years in relation to the Boeing-Airbus dispute. The UK and US have agreed to a five-year suspension of retaliatory tariffs The UK-US five-year truce was
The US and EU have agreed to a five-year suspension of tariffs on merchandise similar to vodka and Cognac, marking a serious breakthrough within the Boeing-Airbus dispute. The 25% US tariff on Cognac, which got here into power in January 2021, has been lifted for 5 years In an announcement yesterday (15 June), US commerce
Sure Irish whiskeys have misplaced their EU origin standing as a consequence of new free commerce agreements, leading to tariffs and cross-border challenges, in response to a commerce group. Sure Irish whiskeys now not profit from having origin standing as a consequence of new EU free commerce agreements Commerce physique the Irish Whiskey Affiliation (IWA)