distiller

Its lender, Truist Bank, placed the distiller under receivership, alleging that it defaulted on a $26 million loan, court papers show.

Swinney is lobbying for the current 10% rate to be reduced or removed on the basis that it would benefit both Scottish and US distillers.

Soon, some bourbon distillers were becoming quasi-celebrities, and people were starting to buy up bourbon bottles not to drink, but as an investment.

This deal could also be a big win for UK businesses which manufacture the goods which have seen tariffs slashed, such as car makers and whisky distillers.

Among the American businesses feeling the impact is Caledonia Spirits, a distiller based in Vermont, near the Canadian border.