Scotch Whisky, English Cheese Prices Could Ease As U.S. Halts Tariffs
Scotch whisky and other goods have been subject to a 25% tariff. The levies cost companies hundreds of millions of dollars in lost exports, according to the Scotch industry.
Updated at 10:40 a.m. ET
The Biden administration will suspend steep tariffs on Irish and Scotch whiskies, English cheeses and other products, after reaching an agreement with the U.K. Former President Trump had imposed the tariffs in late 2019 as part of a long-running dispute over the aviation industry.
Scotch whisky and other products had been subject to a 25% tariff. But as
