Close Menu
Bangla news
    Facebook X (Twitter) Instagram
    Bangla news
    • প্রচ্ছদ
    • জাতীয়
    • অর্থনীতি
    • আন্তর্জাতিক
    • রাজনীতি
    • বিনোদন
    • খেলাধুলা
    • শিক্ষা
    • আরও
      • লাইফস্টাইল
      • বিজ্ঞান ও প্রযুক্তি
      • বিভাগীয় সংবাদ
      • স্বাস্থ্য
      • অন্যরকম খবর
      • অপরাধ-দুর্নীতি
      • পজিটিভ বাংলাদেশ
      • আইন-আদালত
      • ট্র্যাভেল
      • প্রশ্ন ও উত্তর
      • প্রবাসী খবর
      • আজকের রাশিফল
      • মুক্তমত/ফিচার/সাক্ষাৎকার
      • ইতিহাস
      • ক্যাম্পাস
      • ক্যারিয়ার ভাবনা
      • Jobs
      • লাইফ হ্যাকস
      • জমিজমা সংক্রান্ত
    • English
    Bangla news
    Home US Considers Lifting Scotch Whisky Tariffs in Move to Aid Bourbon Industry
    International Desk
    English International US News

    US Considers Lifting Scotch Whisky Tariffs in Move to Aid Bourbon Industry

    International DeskYousuf ParvezOctober 3, 20253 Mins Read
    Advertisement

    The United States is actively considering a major trade policy shift. Officials are debating the removal of tariffs on Scotch whisky imports. This development follows direct discussions between UK and US leaders. The potential change aims to support the American bourbon industry’s supply chain.

    According to sources familiar with the matter, the talks gained momentum after Prime Minister Keir Starmer raised the issue with President Donald Trump. The UK government has presented a compelling case that lowering these trade barriers would be mutually beneficial. A final decision from the White House is still pending.

    Economic Impact of US Scotch Whisky Tariffs

    The current US tariff on Scotch whisky sits at 10%. This trade barrier has been costly for UK producers. The Scotch Whisky Association reports it results in approximately £20 million in lost exports each month.

    This policy also has a significant unintended consequence for American business. Around 60% of all Scotch whisky is aged in barrels that previously held US bourbon. This creates a substantial market for American cooperages. This trade in used bourbon casks is valued at an estimated $300 million annually.

    The connection between the two industries is deeply intertwined. US regulations require bourbon to be aged in new, charred oak barrels. This means the casks can only be used once for bourbon production. Scottish distillers then purchase these used barrels, providing a key revenue stream for American producers.

    US Scotch whisky tariffs

    Broader Trade Relations and Industry Response

    The discussions occur within a complex web of global trade relations. The Trump administration has been historically hesitant to grant tariff exemptions. However, the unique supply chain relationship presents a strong argument for a policy adjustment.

    Industry leaders on both sides of the Atlantic are advocating for the change. The Distilled Spirits Council of the US has highlighted the potential relief for American bars and restaurants. Lower tariffs could reduce costs for businesses ahead of the critical holiday season.

    Diageo Plc, which owns major Scotch brands like Johnnie Walker, stands to benefit from eased restrictions. Political figures, including Scottish First Minister John Swinney, have actively campaigned in Washington for this outcome. The move would be a significant win for the UK government’s trade negotiation efforts.

    The potential removal of US Scotch whisky tariffs represents a rare win-win scenario in international trade. It would bolster a key UK export while simultaneously reinforcing a vital supply chain for American bourbon producers. This decision could mark a pivotal step in fostering more cooperative trans-Atlantic economic relations.

    Info at your fingertips

    Why would the US lower tariffs on Scotch whisky?

    The US bourbon industry sells its used oak barrels to Scotch producers. This is a $300 million annual trade. Lowering tariffs helps secure this important market for American cooperages.

    How much are the current US tariffs on Scotch?

    The current baseline tariff is 10%. This is actually lower than the rate applied to many other countries due to a previous trade agreement.

    What is the financial impact of the tariffs on Scotch?

    The Scotch Whisky Association states the tariff costs the industry about £20 million per month. That is nearly $27 million in lost export revenue every month.

    Which companies would benefit from this change?

    Major spirits companies like Diageo, owner of Johnnie Walker, would see lower export costs. US bars and restaurants would also benefit from cheaper import prices.

    Has a final decision been made?

    No. Discussions are ongoing and a final decision has not been reached. The White House has not yet confirmed its position on the potential tariff relief.

    Get the latest News first — Follow us on Google News, Twitter, Facebook, Telegram , subscribe to our YouTube channel and Read Breaking News. For any inquiries, contact: [email protected]
    aid bourbon bourbon industry considers Donald Trump english industry international keir starmer lifting move news scotch Scotch Whisky Association tariffs trade news UK US trade US Scotch whisky tariffs whisky
    Related Posts
    Cooper Flagg vs VJ Edgecombe- Early battle for ROTY begins; Mavs and 76ers excited

    Cooper Flagg vs VJ Edgecombe: Early battle for ROTY begins; Mavs and 76ers excited

    October 23, 2025
    Gege Akutami Hints This Major Character Will Die at the End of Jujutsu Kaisen Modulo

    Gege Akutami Hints This Major Character Will Die at the End of Jujutsu Kaisen Modulo

    October 23, 2025
    Penelope Disick Emerges as a Budding Fashion Force with New TikTok Reveal

    Penelope Disick Emerges as a Budding Fashion Force with New TikTok Reveal

    October 23, 2025
    সর্বশেষ খবর
    Cooper Flagg vs VJ Edgecombe- Early battle for ROTY begins; Mavs and 76ers excited

    Cooper Flagg vs VJ Edgecombe: Early battle for ROTY begins; Mavs and 76ers excited

    Gege Akutami Hints This Major Character Will Die at the End of Jujutsu Kaisen Modulo

    Gege Akutami Hints This Major Character Will Die at the End of Jujutsu Kaisen Modulo

    Penelope Disick Emerges as a Budding Fashion Force with New TikTok Reveal

    Penelope Disick Emerges as a Budding Fashion Force with New TikTok Reveal

    Trump's Asia Trip Pivots on High-Stakes Xi Jinping Meeting

    Trump’s Asia Trip Pivots on High-Stakes Xi Jinping Meeting

    The Amazing Race Elimination: U-Turn Chaos in Croatia Sends Team Packing

    The Amazing Race Elimination: U-Turn Chaos in Croatia Sends Team Packing

    Tennessee baseball coach

    Tennessee Baseball Coach Search Heats Up as Curt Schilling Expresses Interest

    Survivor 49 Episode 5

    Survivor 49 Episode 5 Sends a Key Player Packing in Dramatic Blindside

    Kimber Mills honor walk

    Kimber Mills Honor Walk Video Surfaces Following Tragic Pinson Shooting

    UNC Basketball

    UNC Basketball Tests New Roster in High-Stakes Exhibition Against BYU

    playing music icons

    Austin Butler and Jeremy Allen White Reveal the Emotional Toll of Playing Music Icons

    • About Us
    • Contact Us
    • Career
    • Advertise
    • DMCA
    • Privacy Policy
    • Feed
    • Banglanews
    © 2025 ZoomBangla News - Powered by ZoomBangla

    Type above and press Enter to search. Press Esc to cancel.