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News Wire / economy

Scotch Producer Absorbs 5% Revenue Hit To Maintain US Prices

BBC World Service London 13d Impact 5
A Scotch producer decided to share import tariffs with US importers to keep shelf prices stable. The company took a direct 5% hit on its revenue to manage the three-tier distribution margin system in the United States.

Topics

tariffs alcohol industry trade

Developing

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Sources · 7 independent

BBC World Service

“So we made the decision to share those import tariffs with our importers. So we took a direct 5% hit on our revenue.”

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