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King Charles and President Trump during the recent royal visit to the US (Photo: White House)Shares in alcoholic drinks giant Diageo PLC (LSE:DGE) rose after Donald Trump said he will remove tariffs on whisky after a chat with King Charles and Queen Camilla.
Whisky is the FTSE 100 group's largest category of drinks, producing tipples under more than 100 individual Scotch brands, including Johnnie Walker, Talisker, Lagavulin and The Singleton.
Trump said in a social media post that he "will be removing the tariffs and restrictions on whiskey having to do with Scotland’s ability to work with the Commonwealth of Kentucky on whiskey and bourbon, two very important Industries within Scotland and Kentucky".
"People have wanted to do this for a long time, in that there had been great inter-country trade, especially having to do with the wooden barrels used.
"The King and Queen got me to do something that nobody else was able to do, without hardly even asking! A wonderful Honor to have them both in the U.S.A."
Shares in Diageo climbed over 2% to 1,508p in early trading.