Scotch whisky makers toast five-year suspension of US tariffs

UK and US agree to suspend retaliatory tariffs on goods also including cashmere and stilton

Whisky makers are raising a glass after the UK and US agreed to suspend retaliatory tariffs on goods including Scottish malts for five years, in the de-escalation of a transatlantic trade dispute stretching back almost two decades.

Liz Truss, the UK international trade secretary, said a historic deal" had been reached with Washington to ensure tariffs, which affected UK exports to the US worth 550m, remain suspended.