Whiskey Sour? China Importers Fret Over US Trade Battle
When spirits dealer Daniel Taytslin brought his first pallet of American Ragtime Rye whiskey into Shanghai in early April, the 672 bottles faced a 5 percent import tariff at China's customs.
His next shipment from New York could be a lot more expensive as China prepares to slap a 25 percent additional tariff on hundreds of American products, including whiskey, because of a deepening trade dispute with the United States.
Taytslin and other U.S. whiskey importers say the worsening row is making small traders, as well as big business, very anxious.
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