Trump Says He Will Scrap 10% Tariff on Irish Whiskey, Repeats Support for Irish Unity
US President Donald Trump said before concluding his visit to Ireland that he will remove the 10% tariff on Irish whiskey. The tariff currently applies to all European Union wine and spirits exported to the United States.
Trump said he had spoken about the matter with the Irish prime minister and also with golfer Shane Lowry, and that everyone had asked him to help remove the tariff on Irish whiskey, so he decided to scrap it.
Trump also reiterated his support for Irish unity, mentioning the merging of Northern Ireland and Ireland.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is positive for Alcoholic Beverages, with intensity 50/100 and 80% confidence over a short term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.