Trump removes 10% tariff on Scotch whisky exports to the US
Updated
Updated · CNBC · May 9
Trump removes 10% tariff on Scotch whisky exports to the US
5 articles · Updated · CNBC · May 9
The May 1 move affects all whisky tariffs, including Irish whiskey, and reopens Scotch’s biggest export market, worth £933 million in 2025.
Industry figures say lower import friction should aid distillers, distributors and independent bottlers, with the strongest gains expected in premium and collectible Scotch and cask investment valuations.
The sector remains fragile after a three-year slump, with Whiskystats’ Scotch index down 29.74%, while cask investing stays illiquid, unregulated and exposed to fraud, storage and resale risks.
Will the U.S. tariff cut on Scotch whisky actually make your favorite bottle cheaper at the store?
With cask investing booming, how can you spot a fraudulent whisky deal before it's too late?