The maker of Spey single malt currently exports about 10% of its whisky to the US.
He points out that while 25% tariffs are proposed on cashmere knitwear produced in the UK, no such levies have been imposed on the Italian industry.Image captionThe 222-year-old Scottish company, which employs just over 1,000 people, has been selling its knitwear to the US for more than a century.Despite the advantage potentially being handed to Italy's knitwear industry, Mr Cotton is hoping that his customers will remain loyal.
The US Specialty Food Association says the move will impact 14,000 specialist food retailers across the country.It has survived in New York City for more than 100 years through the Great Depression, both World Wars, and a devastating 2012 hurricane."It won't put us out of business but it will make it that much more difficult," he adds.Mr Di Palo estimates that his family imports 95% of the products in the store.
What next
¶ old iffley lock I wish thee full of whiskey ¶
a flight into madness
Surely more proof the Trump is all about America First and the good deal he'd do with the UK will only be a good deal for the USA
Whisky - not whiskey ! Whiskey is Irish.
Anybody else in the world would : 1) Lower the cost of their goods 2) Look for new markets such as China
To put in simple terms, the Scottish whiskey industry subsidizes the European Airbus. SNP wish to remain in an organization, where a small country like Scotland will continue to subsidize the workforces across the EU, until they become unviable.
📰 and?.......
Fault of the EU for illegally funding AirBus
Won't matter we're leaving the e.u in a few weeks.
That's why I drink Irish whisky
Should be looking forward to leaving the Eu and a free trade deal with the states then 😜
Tastes like paraphin anyway
This is what happens when big parties like the US and the EU fight each other over trade. Better off out.
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