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Food and drink exports to US drop due to retaliatory tariffs

15 Apr 2020 1:43 PM | Anonymous

Food and drink exports to the US have declined following the introduction of a 25% import tax in October 2019.

The US tax on imports of pork, single-malt Scotch whisky, biscuits and dairy products was introduced following a dispute over EU subsidies to Airbus.

The US is the UK’s second largest export market for UK food and drink.  Sales have nearly doubled over the last 20 years, but exports fell 6.7% in Q4 2019 following the retaliatory tariffs.

The Scotch Whisky Association has reported a 25% year-on-year drop in exports for October to December 2019 in, with exports of the single malt declining by 17%. This fall represents a loss of £100m in exports.

Read more on 2019 export figures and download data at www.fdf.org.uk


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