Overview
- President Trump, in a Truth Social post on Thursday, said he will remove tariffs and restrictions on whiskey and credited King Charles III and Queen Camilla for prompting the decision.
- The U.K. government confirmed to CNBC on Friday that the change applies to all whisky tariffs, including Irish whiskey, after Trump told reporters he had taken “all the restrictions off.”
- Buckingham Palace said the King had been informed of the gesture and sent his sincere gratitude for a decision it said will help the British whisky industry and the jobs it supports.
- Industry groups welcomed the shift, noting the roughly 10% levy imposed last year had squeezed exporters to their biggest market in the U.S., and the Scotch Whisky Association said distillers can breathe easier.
- The four-day U.S. state visit has concluded, and the King has begun a follow-on tour in Bermuda.