Trump just dropped the 25% tariff on Scotch whisky — a huge win for distillers, thanks in part to King Charles’s royal visit to the U.S. — unlocking nearly $1 billion in annual U.S. exports and freeing up $200 million worth of Kentucky bourbon casks used to age Scotch. The move lifts a 18-month burden that cost the industry $600 million and saved 66,000 jobs across the UK and Scotland. But don’t get too cozy — Trump’s team slapped new tariffs on 60+ countries, including the UK, over forced labor concerns. Still, for now, whisky lovers and makers are celebrating a diplomatic victory that proves global relationships can move markets — and maybe even deserve a toast.
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