Whiskey, Brexit, and the Trade War

Andrew Muhammad and Jada Thompson

The International Trade Journal, 2024, vol. 38, issue 4, 370-386

Abstract: In 2020, the UK officially withdrew from the EU (Brexit), ending its obligation to continue the EU’s retaliatory tariffs on U.S. products. Recent actions by the UK government suggest that these retaliatory tariffs will eventually be eliminated. We present a dynamic modeling framework and estimate whiskey demand in the UK by source (e.g., U.S. whiskey, Irish whiskey, etc.). Estimates are then used to simulate the impacts of the retaliatory tariff on U.S. whiskey. If the tariff is eliminated, U.S. whiskey exports to the UK should fully recover and could even exceed pre-trade war levels.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/08853908.2022.2111006 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:uitjxx:v:38:y:2024:i:4:p:370-386

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/uitj20

DOI: 10.1080/08853908.2022.2111006

Access Statistics for this article

The International Trade Journal is currently edited by George R. G. Clarke

More articles in The International Trade Journal from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().