Food firm's relief
Walkers reveals US tariff could have cost 250 jobs
Walkers: loved by the Americans
One of Scotland’s biggest food exporters has revealed that 250 jobs could have been lost if the US Government had not lifted its 25% tariff.
Jim Walker, joint managing director of Speyside-based Walkers Shortbread, said the impact of the levy would have had a “huge effect” on a small community with few other employment opportunities.
Walkers’ shortbread got caught up in a tariff trade war between the US and the EU, which saw the levy hiked on a range of Scottish goods including Scotch single malt whisky and cashmere.
The Office of the US Trade Representative announced yesterday that it will modify tariffs on the EU, and remove it from shortbread, but the 25% levy on many European spirits imposed last October will remain in place.