THE DOWNSIDE OF BREXIT: Scotch whisky producers in tariffs warning.
It warned levies to those markets could rise to 20% as a result of Brexit.
SWA called for a trade policy that was “as open and free trading as possible”.The industry body also urged the UK government to provide clarity on future trading arrangements as soon as possible.
More than £3.8bn worth of Scotch was exported last year, almost a third of which was shipped to the EU.
Having completed a post-referendum consultation with its membership, SWA said Scotch would continue to benefit from existing zero tariffs in countries such as the US, Canada and Mexico.
Here’s to continued free trade with our British friends. If the EU wants to impose tariffs on Scotch, I say let them — and we’ll be more than happy to make up the difference.