According to the Scotch Whisky Association (SWA) in Scotland, scotch whisky exports have fallen in the face of tariffs, with shipment volumes down 15% between May and December 2025. The 10% tariff has impacted all Scotch whisky categories and whilst the US remains the industry's most...
A social media account, affiliated with Chinese broadcaster CCTV, Yuyuan Tantia, has announced that China may potentially launch an investigation into French wines or impose reciprocal tariffs on EU products if the French government pushes for tariffs on Chinese goods. This is in response to a...
The ongoing US-Canada tariff battle continues to impact the wine and spirits sector across both sides of the border. Whilst Canada may be a small market compared to the US, with just 41 million residents compared to the U.S.'s 340 million, their decision to remove all...
Just recently, the U.S. Supreme Court issued a ruling that found the Trump Administration violated federal law when it unilaterally imposed tariffs under the International Economic Powers Act (IEEPA). As a result of this decision, tariffs imposed under IEEPA were illegally assessed (whilst tariffs imposed under...
The ever-evolving tariff policies of the Trump administration will continue to test supply chains in 2026. Whilst the Supreme Court decision regarding the legality of the tariffs is yet to be announced, the White House has already instituted numerous sector-specific duties and cemented others through various...
DP World, Victoria International Container Terminal (VICT), and state road authorities have announced upcoming fee increases which will be effective as of the 1st of January 2026. These will impact a range of terminal access, landside-related and transport costs across Australia. The revised fee charges include: ...
Costco, Revlon Consumer Products, Bumble Bee Foods and numerous other companies are suing the Trump administration, seeking a refund on tariffs paid as well as injunction on any upcoming required tariff payments. Based on similar arguments made earlier this year by several businesses and states, over 70...
This past fortnight has seen the US Supreme Court hear arguments around the legality of President Donald Trump's "liberation day" tariffs applied to most countries around the world. Whilst the US president had earlier claimed his trade tariffs will not affect US businesses, workers and consumers,...
Wine has become a key issue in ongoing trade negotiations between Australia and India as the two nations work to conclude the second phase of the trade pact by the end of the year. Under the interim pact, tariffs on Australian wine priced above AU$5 (HK$25.21)...
In addition to the US-China update, the Trump administration has announced the following changes with regards to ongoing tariff discussions: Canada The U.S. reignited trade tensions with Canada by imposing a new 10% tariff on Canadian imports, despite the existing USMCA agreement. Currently, there is neither a...