UK Trade Minister seeks early meeting with US trade czar on whiskey tariffs

LONDON (Reuters) – British Trade Minister Liz Truss said on Thursday she was seeking an early meeting with the one chosen by US President-elect Joe Biden to be his trade representative, Katherine Tai, to discuss the reduction. of the Scotch whiskey tariffs. Truss said his department was working hard to reduce a dispute over state subsidies given to civil aviation firms Boeing (NYSE 🙂 and Airbus, prompting the United States and the European Union to impose billions of dollars in tariffs. of the property of others. Washington imposed tariffs on a variety of EU foods, wines and spirits, including Scotch whiskey, which the industry says is putting its future at risk. “I have been clear with the United States and the European Union that we want to reduce the escalation of this dispute and reach a negotiated settlement; this dispute has been going on for 16 years and has caused a lot of damage,” Truss told parliament. “I’m looking for an early meeting with the new US Trade Representative, Katherine Tai, and this will be one of the items on my agenda.” In December, Britain said it would use its newfound freedom outside the EU to deviate from the bloc’s common trade policy toward the United States, and decided to unilaterally suspend tariffs related to the dispute over aircraft subsidies.

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