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Diageo shares rise after Trump removes whisky tariffs

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Diageo shares rise after Trump removes whisky tariffs

A bartender takes a bottle of Johnnie Walker whisky at a bar in Almaty, Kazakhstan. Photograph: Shamil Zhumatov/Reuters

And we’re off, in London at least. Top of the FTSE 100 this morning is Diageo , the drinks maker. It makes brands including Guinness but also, more pertinently this morning, a bevy of Scotch bevvies.

Diageo executives will be raising a glass to King Charles, after Donald Trump last night announced that the US would drop all tariffs on Scotch whisky in the royal family’s honour.

Trump said in a post on social media:

double quotation mark In Honor of the King and Queen of the United Kingdom, who have just left the White House, soon headed back to their wonderful Country, I will be removing the Tariffs and Restrictions on…