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Trump cuts Scotch duties for royal visit, launches IRA portal
5/1/2026
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Trump Cuts Duties
- President Donald Trump eliminated duties on Scotch whisky and barrel trade to mark King Charles III and Queen Camilla’s visit.
- The administration launched TrumpIRA.gov, an executive-order-driven portal that compares private IRAs and directs the Treasury to list qualifying accounts.
- Saver’s Match, under the 2022 SECURE 2.0 Act, starts January 2027, matching $1,000 single, $2,000 married contributors.
- The Treasury compiles and publishes a list of IRA accounts meeting TrumpIRA.gov criteria.
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