The Trump administration’s decision to impose a 10% tariff on Scotch whisky imports from the UK has sent shockwaves through the global spirits industry.

The new levy threatens to disrupt a £971 million export market, affecting distillers who rely heavily on the U.S. as their largest overseas market. 

The move raises concerns about shifting consumer preferences, especially as other premium spirits like tequila remain unaffected.

On The Wealth Tracker, Hongbin Jeong speaks to Samuel Gordon, CEO of GORDON PWC, to find out more.

The Trump administration&rsquo;s decision to impose a 10% tariff on Scotch whisky imports from the UK has sent shockwaves through the global spirits industry.
The new levy threatens to disrupt a &pound;971 million export market, affecting distillers who rely heavily on the U.S. as their largest overseas market.&nbsp;
The move raises concerns about shifting consumer preferences, especially as other premium spirits like tequila remain unaffected.
On The Wealth Tracker, Hongbin Jeong speaks to Samuel Gordon, CEO of GORDON PWC, to find out more.

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.