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The Trump administration’s decision to impose a 10% tariff on Scotch whisky imports from the UK has sent shockwaves through the global spirits industry.
The new levy threatens to disrupt a £971 million export market, affecting distillers who rely heavily on the U.S. as their largest overseas market.
The move raises concerns about shifting consumer preferences, especially as other premium spirits like tequila remain unaffected.
On The Wealth Tracker, Hongbin Jeong speaks to Samuel Gordon, CEO of GORDON PWC, to find out more.
See omnystudio.com/listener for privacy information.
The Trump administration’s decision to impose a 10% tariff on Scotch whisky imports from the UK has sent shockwaves through the global spirits industry.
The new levy threatens to disrupt a £971 million export market, affecting distillers who rely heavily on the U.S. as their largest overseas market.
The move raises concerns about shifting consumer preferences, especially as other premium spirits like tequila remain unaffected.
On The Wealth Tracker, Hongbin Jeong speaks to Samuel Gordon, CEO of GORDON PWC, to find out more.
See omnystudio.com/listener for privacy information.
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