Tariffs

Jack Daniel's Parent Not Anticipating Boost From Trump's Scotch Tariffs

The chief executive of Brown-Forman, Lawson Whiting, has expressed doubts over whether a 25% tariff placed by the Trump administration on single malt Scotc...

U.S. Vows 100% Tariffs On French Champagne, Cheese, Over Digital Tax

The U.S. government said it may slap punitive duties of up to 100% on $2.4 billion (€2.17 billion) in imports from France of Champagne, handbags, chee...

Proposed Tariffs On European Whiskies ‘Credit Negative’ For Diageo, Pernod Ricard

The proposed tariffs on European whiskies being put forward by the US government are likely to be credit negative for Diageo and Pernod Ricard, ratings age...

Jack Daniel's Parent Sees Flat Sales In First Quarter, Impacted By Tariffs

Brown-Forman Corporation, the parent company of Jack Daniel's, has posted flat sales for the first quarter of its financial year, with the business saying...

U.S. Lawmakers Say Tariffs On EU Olive Oil Pit Trump Trade Policy Against Demand

U.S. lawmakers on Wednesday urged the U.S. Trade Representative's Office not to impose new import tariffs on European olive oil, warning they could lead to...

Walmart Says Higher China Tariffs Will Increase Prices For US Shoppers

Walmart Inc has said that prices for shoppers will rise due to higher tariffs on goods from China as the world's largest retailer reported its best compara...

One In Ten UK Businesses Likely To Go Bankrupt Amid Brexit Border Delays

One in ten UK businesses believe they would likely go bankrupt if goods were delayed by just 10 – 30 minutes at customs as a result of Brexit, accord...

Trump's New Tariffs 'Will Impact Retailers', Analyst Warns

US President Donald Trump's decision to introduce 10% tariffs on a further $200 billion worth of imports from China is likely to impact retailers, and ulti...