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Dec. 22, 2025
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Government

British luxury producers relieved over aerospace tariff suspension

March 4, 2021

U.K. luxury has been caught in a spat between the United States and the European Union over subsidies to Airbus that the U.S. says discriminates against its own aero giant champion Boeing. As a retaliation, the U.S. has imposed tariffs on key U.K. products such as cashmere, tailoring, bed linen, single-malt whisky and wool. Image credit: Walpole The U.S. has lifted tariffs on multiple British luxury industries. Image credit: Walpole

 

By Luxury Daily News Service

Walpole and other luxury British brands are welcoming the joint announcement from the United States and United Kingdom that the U.S. will suspend a 25 percent retaliatory tariff imposed on single-malt whiskey, cashmere, wool, tailoring and bed linen products.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
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  3. Ennismore picks Bangkok site for first-in-region SLS Residences
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Exclusive Resorts purchases Inspirato for $59M
  6. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  7. Lamborghini heads to French Alps for women-led driving series
  8. Dolce & Gabbana debuts Devotion fragrance film
  9. Laura Burdese to succeed Bulgari CEO
  10. Nordstrom ignites gifting spirit with ‘Oh, What Fun!’
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