Chris in London
Well-Known Member
- Joined
- 21 Sep 2009
- Messages
- 13,882
You might be right on that point. Is the same true for blended whiskey? I was looking up some figures, were talking about a roughly 4.5 billion $ worth export industry of which blended whiskey takes about 3 billion.
Undeniably though the 2 largest destinatios for export are the USA and Europe by far and it looks like the industry might be hit in both markets. I left it up for discussion just how much this would hurt given that a 25% tarrif slap seemed significant, youre input is welcome.
Less so for blended whisky than single malts etc I’d agree, but there’s still a quality issue, and to a certain extent a snob value. It’s why in the British Isles we talk about whisky (or whiskey) whereas in the US they call it Scotch. They are making the point that it’s Scottish.
I’d expect the blended whiskies to be affected more than the really high end products, but again this is one sector where I’d expect that the imposition of a tariff will have less of an adverse impact than a lesser tariff would have in many other sectors.
Put simply, the Americans who make the choice to drink Scotch in the first place will probably keep drinking scotch even if it’s 25% more expensive. An American manufacturer who buys British widgets may think twice about still buying them if they are suddenly made 10% more expensive.