Scotch whisky tariff: Why is UK finance minister worried about Donald Trump?
Donald Trump that Scotch whisky and other goods should be spared from any tariffs by the new administration, UK finance minister Rachel Reeves said on Thursday, as per a report.
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During Trump's first term, his tariffs in 2019 against the European Union — which then included Britain — also targeted the UK's whisky industry, AFP reported.
Now outside the bloc, Reeves said Britain would strive to avoid a similar situation. «I know that President Trump is very proud of his Scottish roots and Scotch whisky is obviously a really important part of the Scottish economy. And so we'll make that case very strongly,» Reeves told AFP in an interview at the World Economic Forum.
Rankled by trade gaps not in the United States' favour, Trump on the campaign trail last year threatened to introduce blanket customs duties, which could include Britain.
«I recognise President Trump's concern about countries that run large and persistent surpluses with the US. But the UK is not one of those countries,» Reeves said at the forum in Davos, Switzerland.
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