The following is a statement from Elite Wine & Whisky – Following the news that President Biden has decided to suspend the 25% tariff imposed by the Trump administration on Scotch whisky, there is a lot of optimism in the whisky market.

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The Danger of Trade Name Spirits
Distillery-branded whiskies hold more value than trade name spirits, which lack long-term collectibility. Some investment companies market trade name whiskies as “exclusive deals,” but they