Diageo share price ticks up as China whisky tariff cut kicks in — what investors watch next
Diageo shares rose 0.5% in early London trading after China halved whisky import tariffs from 10% to 5%, effective Monday. The UK government projects the tariff cut could boost exports by £250 million over five years. Traders are watching for signs of demand ahead of Diageo’s interim results on Feb. 25. The stock traded between 1,683.0 and 1,700.0 pence.