About Dairy Products
Dairy products or milk products are a type of food produced from or containing the milk of mammals. They are primarily produced from mammals such as cattle, water buffaloes, goats, sheep, camels and humans. Dairy products include food items such as yogurt, cheese and butter.
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Single malt Scotch whisky from the targeted United States tariffs,
Single malt Scotch Whisky exported to the United States face a tariff of 25% from the 18. October.
The new duty is imposed, part of a series of measures.
include cashmere sweaters, milk products, pork, books, and some of the machines.
Scotch exports to the United States last year goods to the value of $1. 3 billion (£1 billion), with single malts accounting for a large share.
for US, the starting shot was given to impose duties on $7. 5 billion (£6. 1 billion) of goods it imports from the EU after a World Trade organization (WTO) ruling on Wednesday.
It is the latest Chapter in a 15-year battle between the EU and the US because of illegal subsidies for plane maker Airbus and rival Boeing.
The decision of The Wto the customs duties on EU goods ranging from aircraft to agricultural products.
Brussels has threatened to take revenge in a similar against US.
'Serious situation'Karen Betts, chief executive of the Scotch Whisky Association, said it was a blow for the Scottish whisky industry.
"This is a serious situation for the industry," She Said .
"We have heard that overnight a 25% import tariff imposed on all single malts in the United States and also all of the Scotch Whisky liqueurs, and this is from a position of zero.
"We have a zero-tariff imports into the United States for the last 25 years, so this is quite a hike. "
The Scotch Whisky industry directly employs around 11,000 people in Scotland, and many more indirectly via the supply chain.
More Than 7,000 jobs in rural areas across the country.
A spokesman for the British Department for International Trade , said: "the recourse to the rates is in the interest of the UK, EU or US.
"The UK is closely supporting the US, the EU and the European partners, a negotiated solution for the Airbus and Boeing disputes.
"The UK, through the EU is a confirmation of The Wto , that we have complied fully with The Wto rules in relation to the support of Airbus, and should not be subject to the tariffs. "
How this line came to start? The Airbus A380 was promoted wrongly, The Wto says,The US first filed in 2004, with the argument that supply of cheap European loans for Airbus in illegal state subsidies.
The Wto ruled in favor of the United States , they complained then that the EU and some EU countries in accordance with the decision, to argue and the years.
The United States had tried to impose customs duties on More Than $11bn were. Although The Wto cut that figure to $7. 5 billion, Wednesday's decision still the largest penalty of its kind in the history of the company marks.
The Wto dispute settlement body must not expect formally to the judgment but, to overturn the decision.
trump tariffs, world trade organization, airbus group, scotch whisky association, department for international trade, aerospace, european union, companies, global trade, trade, scotch whisky, uk trade tariffs, boeing
Source of news: bbc.com
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