WASHINGTON – President Donald Trump said on April 30 that he was lifting tariffs on whisky from Britain, in a nod to King Charles on the final day of a royal visit celebrating the US’ impending 250th anniversary of independence.
The Republican President, who has wielded tariffs as a foreign policy tool, said in a post on his Truth Social platform that he would soon be removing tariffs and restrictions related to Scotland’s ability to work with the US state of Kentucky on whisky and bourbon.
Mr Trump said the move was “In Honor of the King and Queen of the United Kingdom”.
He heavily praised King Charles during his four-day state visit, saying he was the “greatest king”.
While the official reason for the trip was the anniversary, it was also designed to mend the bond between the two countries, which has lately been strained by Britain, alongside other European allies, declining to join the two-month-old US-Israeli war against Iran.
“People have wanted to do this for a long time, in that there had been great Inter-Country Trade, especially having to do with the Wooden Barrels used,” Mr Trump said in the social media post.
“The King and Queen got me to do something that nobody else was able to do, without hardly even asking! A wonderful Honor to have them both in the U.S.A.”
British Trade Minister Peter Kyle welcomed the move.
“This is great news for our Scotch whisky industry, which is worth almost £1 billion in exports and supports thousands of jobs across the UK,” Mr Kyle said.
The world’s top spirits maker and owner of the Johnnie Walker brand, Diageo, said on May 1 it “warmly” welcomed the news that the US and Britain have agreed to restore tariff-free trade for Scotch whisky.
London-listed shares of Diageo, which has been struggling with US tariffs and subdued sales, rose as much as 3 per cent in early trade on May 1, in a boost for the British company that counts North America as its largest market.
“We would like to thank all those who have worked so hard to secure this deal and support our industry,” a Diageo spokesperson said.
A spokesperson for Buckingham Palace said King Charles “sends his sincere gratitude” for the decision, adding that it would make an important difference to the British whisky industry.
“His Majesty will be raising a dram to the President’s thoughtfulness and generous hospitality as he departs the US after a most enjoyable state visit for both Their Majesties in this special anniversary year,” the spokesperson said. REUTERS