Bourbon Makers Face a Major Problem: Tariffsby@ikuchma

Bourbon Makers Face a Major Problem: Tariffs

by Igor2mOctober 16th, 2021
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fter imposing 25% tariffs on American whiskey, shipments to the EU, the largest export market for spirits, fell 37% from $702 million in 2018 to $440 million in 2020, according to the Distilled Alcohol Council (DISCUS). Bourbon exports to the UK, the fourth-largest market for American whiskey, fell 53% from $150 million in 2018 to $71 million in 2020.

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@ikuchma

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