US tariffs on Scotch whisky 'have cost £500m in lost exports'

Single malt sales to US have fallen more than third since retaliatory regime was imposed, says industry body

Losses to Scotch whisky exports after tariffs were imposed by the US have reached 500m, according to an industry body.

New figures suggest exports of single malt Scotch whisky have fallen by more than a third - amounting to more than 500m - since a 25% tariff was imposed in October 2019.