Irish spirits sector 'uniquely exposed' if trade negotiations with US fail

If the US and EU fail to reach a deal by early July, a higher tariff of 20% will kick in as Mr Trump seeks to even out what he sees as a transatlantic trade deficit
Irish spirits sector 'uniquely exposed' if trade negotiations with US fail

While trade deals with both China and the UK have been advanced, the EU is still struggling to make a breakthrough with the US despite several attempts at negotiations. (Photo by Artur Widak/NurPhoto)

Irish spirits remain "uniquely exposed" should no trade resolution between the EU and US be found.

Calling for an immediate removal of all tariffs on EU and US spirits, the Irish Whiskey Association said domestic producers now face a 10% tariff on exports to the US, which is already costing thousands of euro every week. 

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