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Scotch Whisky, English Cheese Prices Could Ease As U.S. Halts Tariffs

Scotch whisky and other goods have been subject to a 25% tariff. The levies cost companies hundreds of millions of dollars in lost exports, according to the Scotch industry.
Scotch whisky producers are welcoming news of a breakthrough on tariffs, which came as the industry adjusted to both Brexit and then the COVID-19 pandemic. Here, an employee rolls a whisky barrel at the Glenturret Distillery in Crieff, central Scotland, last week. Source: Andy Buchanan

Updated at 10:40 a.m. ET

The Biden administration will suspend steep tariffs on Irish and Scotch whiskies, English cheeses and other products, after reaching an agreement with the U.K. Former President Trump had imposed the tariffs in late 2019 as part of a long-running dispute over the aviation industry.

Scotch whisky and other products had been subject to a 25% tariff. But as

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