India-UK CETA delays put Scotch whisky duty cuts in limbo; Johnnie Walker, Chivas pricing on hold
Implementation of the India-UK trade pact is stalled over UK steel safeguards and CBAM, delaying scheduled tariff cuts on Scotch whisky from 150% to 75% at rollout, stepping down to 40% by year 10. India is signaling it may rebalance concessions on Diageo's Johnnie Walker, Pernod's Chivas Regal, and The Glenlivet if UK concerns persist.
India-UK CETA implementation faces delays over UK steel safeguards and CBAM. India may rebalance duty concessions on Scotch whisky (Johnnie Walker, Chivas, Glenlivet) — currently set to drop from 150% to 75%, then 40% by year 10 — if UK concerns persist.