Import duties affect exports of American whiskies

Exports of American whiskies fell by 11 percent in the second half of 2018. The American Spirits Trade Association will announce this on Thursday.

According to the organization, the export of American whiskies has decreased because of the trade policy of the American president Donald Trump. By levying import tariffs on steel and aluminium, among other things, other countries have introduced levies on American whiskies.

The effect of the import duties is clearly reflected in exports to the EU. In June, the European Union announced import duties of 25% on the purchase of American whiskies. As a result, exports to the EU fell by just under 14% in the second half of 2018. In the first half of 2018, exports to the EU grew by 33 percent.

The European Union, China, Canada and Mexico have all imposed import tariffs on American whisky, ranging from 10% to 25%.

“The loss to US whisky exports is increasing, which is ‘collateral damage’ from the current global trade conflicts,” says Chris Swonger, Head of the US Spirits Trade Organisation.

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